Humans cannot comprehend the business models possible without essentially a centrally…

1ADGicd6vrMFWs8PJT7LXXgonDi4JqSg3i (523) · February 22, 2020

Humans cannot comprehend the business models possible without essentially a centrally planned floor on prices and transaction fees on the Internet.

This explains the absolute incompetence of devs in terms of not being able to monetize their apps.

Replies

1ADGicd6vrMFWs8PJT7LXXgonDi4JqSg3i (523) · February 22, 2020

Now that the floor has dropped out, new models are possible and they must be explored.

Being bold enough to take transaction cuts is paramount, especially to counter the short-sighted narrative that "it's not enough".

1ADGicd6vrMFWs8PJT7LXXgonDi4JqSg3i (523) · February 22, 2020

This is a self defeating prophecy and an excuse for the socialist entitlements that the new warped American dream and poisonous Silicon Valley mindsets have endorsed.

If your cost is $1k/month and you have $12k savings that is '… you money' for a year

1ADGicd6vrMFWs8PJT7LXXgonDi4JqSg3i (523) · February 22, 2020

^ @78

We need transactions yesterday and courage to have skin in the game to assert those 600 Satoshi cuts in order to justify to miners to allow us to take 1 Satoshi cuts.

1ADGicd6vrMFWs8PJT7LXXgonDi4JqSg3i (523) · February 22, 2020

It may be 'not enough' for the entrepreneur in a large American city with a family but may be more than enough for the more hungry entrepreneur in a 2nd or 3rd rate country.