Oddbean new post about login | logout It's not #v4v, it's #p2p
For my own understanding, will you verify I understand the difference? #v4v will obviously go down in certain circumstances. As a fiber artist I can make a quilt for let’s say: $100 in fiat money. Depending on my level of skills I can charge various prices per inch for a client. Some will say: $500 for a quilt? I can get one at Walmart for $100. Me: sure but who & what are you exploiting? Then there is #p2p which brings in the transactional value of long term wealth making the price lower for longer holders. … If all is accurate above I see nothing wrong with Creator suggesting: minimum #p2p but *ALWAYS* with the understanding that more is appreciated. …….. Which goes to #WOT ( web of trust ) so if someone is being exploited it will be able for the CREATOR to know they can raise their prices. Possible? Am I understanding?
no, I was making a joke - #p2p is poor 2 poor, which #v4v actually is. @Gigi will write an article to explain it one day, he's so much better at explaining than I am.
Heard and understood. Thanks. 😊 I’ll keep learning. Appreciated.
Sorry, how will v4v obviously go down?
I was speaking about digital content or anything that is easily replicated. Once it’s created then the value from creator is already done. Maybe I’m misunderstanding. Truly.
Digital content doesn't have a shelf life, as example an album my dad was on from 90's that has gotten way more play now than it did then: https://lnbeats.com/album/483dde8e-7e94-59a7-8eb0-2b0dc64a87bd
Exactly. 👍 once it’s created the value for the creator is done but the value for the potential buyers is always there. Meaning it goes down for the creator. 🙏
Ah I see now thank you
You’re welcome. Communication online isn’t my strong point. Thanks for allowing me to explain. 🙏