Quote:
Originally Posted by CoachKandSportsguy
Jevons paradox - Wikipedia
Free is deflationary, there is no other answer.
Deflationary is bad for assets, by definition. . .
There is/are no moat/s around software creation, and the race towards software value destruction continues. .
Will software replace humanity? LOL!
just pull the plug, remove all apps from your phone, remove the smart
but can you?
|
Deflation for assets may be BAD from the perspective of the OWNER of those assets, but deflation is GOOD from the perspective of the BUYER of those assets. Ying and Yang strike again. Like the stock market - for every buyer there must be a seller to make a transaction. When the buyer(s) are more interested in buying than the seller(s) are interested in selling -- the price drifts upward until both parties are happy - ideally.