Erik Haugen on Nostr: npub1kpwlx…xxzz4 npub1p34kn…jwdy6 npub1ukcz3…p40jn How does that solve the ...
npub1kpwlxpzkxfmuxjmzc2wp3rf9vjg0sgydmlhsnrgqr3maf59h86qqdxxzz4 (npub1kpw…xzz4) npub1p34kn5su0fzjmsqx7wegqftnd34xr7as808udkxyltcl9zw6jrqqajwdy6 (npub1p34…wdy6) npub1ukcz3c3ek9ugnmrj37cjm2q9gsaqss5j9dqwpqmx0tgkzudsseqqcp40jn (npub1ukc…40jn) How does that solve the problem?
IIUC, “the problem” is monopolies charge unnaturally high prices because of lack of competition. If, instead, a monopoly is charging unnaturally low prices and losing money, then that particular problem is gone. yes? (At least temporarily – you saw my next paragraph…) Why go into business if it is mathematically garunteed to fail?
That’s what I meant by scared away.
IIUC, “the problem” is monopolies charge unnaturally high prices because of lack of competition. If, instead, a monopoly is charging unnaturally low prices and losing money, then that particular problem is gone. yes? (At least temporarily – you saw my next paragraph…) Why go into business if it is mathematically garunteed to fail?
That’s what I meant by scared away.