DCP on Nostr: Greetings, Alison, Nice to encounter you for the first time today.ππ»π I fear ...
Greetings, Alison,
Nice to encounter you for the first time today.ππ»π
I fear you are laboring under an all too common and very unfortunate misconception about the free market.
StevenB (nprofileβ¦akvh) alluded to your confusion by offering many examples; I'll try to articulate the problem I perceive in your question.
You seem to believe that all "profit" of necessity requires an imbalance, a very one-sided relationship between a pair of participating parties in a transaction. Not much could be further from the truth...
Whenever human ingenuity is applied to the universe in the service of human needs--whether through design and implementation of a useful physical device like a car, or the thoughtful arrangement of ideas like a recipe for a tasty meal or a knot-tying manual--VALUE is created that can be infinitely multiplied by replication. The work and effort is expended ONCE, the value is MULTIPLIED and accrues to EVERYONE who uses the tangible result of the idea.
I will give you one personal example:
Conventional antibiotics have become ineffective in cases of MRSA (when pathogens develop resistance, becoming "superbugs"). Colloidal silver is a safe, effective, and superior solution to this problem, but making high quality colloidal silver is tricky.
I invented a device that produces excellent CS completely automatically:
https://SILVERengines.com
Everyone who purchases one of my devices receives FAR MORE VALUE than the price of the device, because they would otherwise have to repeatedly and cumulatively spend far more over time to purchase the quality CS ready-made.π
V4V is very real; both sides of the transaction benefit and are satisfied; it is most definitely NOT "virtue signaling."
Please note also that V4V can be by advance agreement (most common up until now, with buyers and sellers), or the offerer can simply voluntarily "put value out there for FREE," as we see in the Free and Open Source Software movement; in which case, if users value the product, they often will, entirely voluntarily and out of gratitude send value to the creator.
This is happening and will only increase because of the wonderful gifts that bitcoin, lightning, nostr, and zaps are; true FREEDOM TECHNOLOGY gifted to humanity by superhero developers who are well deserving of our micropayment, tangible gratitude expression in zaps for the continually expanding value of their proof of work that we all now benefit from on a daily basis.
Nice to encounter you for the first time today.ππ»π
I fear you are laboring under an all too common and very unfortunate misconception about the free market.
StevenB (nprofileβ¦akvh) alluded to your confusion by offering many examples; I'll try to articulate the problem I perceive in your question.
You seem to believe that all "profit" of necessity requires an imbalance, a very one-sided relationship between a pair of participating parties in a transaction. Not much could be further from the truth...
Whenever human ingenuity is applied to the universe in the service of human needs--whether through design and implementation of a useful physical device like a car, or the thoughtful arrangement of ideas like a recipe for a tasty meal or a knot-tying manual--VALUE is created that can be infinitely multiplied by replication. The work and effort is expended ONCE, the value is MULTIPLIED and accrues to EVERYONE who uses the tangible result of the idea.
I will give you one personal example:
Conventional antibiotics have become ineffective in cases of MRSA (when pathogens develop resistance, becoming "superbugs"). Colloidal silver is a safe, effective, and superior solution to this problem, but making high quality colloidal silver is tricky.
I invented a device that produces excellent CS completely automatically:
https://SILVERengines.com
Everyone who purchases one of my devices receives FAR MORE VALUE than the price of the device, because they would otherwise have to repeatedly and cumulatively spend far more over time to purchase the quality CS ready-made.π
V4V is very real; both sides of the transaction benefit and are satisfied; it is most definitely NOT "virtue signaling."
Please note also that V4V can be by advance agreement (most common up until now, with buyers and sellers), or the offerer can simply voluntarily "put value out there for FREE," as we see in the Free and Open Source Software movement; in which case, if users value the product, they often will, entirely voluntarily and out of gratitude send value to the creator.
This is happening and will only increase because of the wonderful gifts that bitcoin, lightning, nostr, and zaps are; true FREEDOM TECHNOLOGY gifted to humanity by superhero developers who are well deserving of our micropayment, tangible gratitude expression in zaps for the continually expanding value of their proof of work that we all now benefit from on a daily basis.