btcReefer on Nostr: I think the important line is competition. If I can go to 5 different grocery stores ...
I think the important line is competition.
If I can go to 5 different grocery stores to buy the cheapest eggs, I would. That’s normal market dynamics and takes the thought out of price controls out of the conversation.
It’s when a large company buys up all the competitors in a location and I have no choice but to buy from them.
Published at
2024-08-28 18:17:23Event JSON
{
"id": "91b9561bfdc69838c042948d34a522b0e31ecbb0306f3baaddc2a75f9ee4bbc4",
"pubkey": "744bf3ce0dc3bf5bad7123e3db5cb85229aac0f682b12bb3d4026f443e1c385e",
"created_at": 1724869043,
"kind": 1,
"tags": [
[
"e",
"c02e8a0465c96ae4301c516e7e43806d74d8960d3d7bd32314987a0cacb21e33",
"wss://relay.primal.net",
"root"
],
[
"p",
"d5415a313d38461ff93a8c170f941b2cd4a66a5cfdbb093406960f6cb317849f"
]
],
"content": "I think the important line is competition. \n\nIf I can go to 5 different grocery stores to buy the cheapest eggs, I would. That’s normal market dynamics and takes the thought out of price controls out of the conversation. \n\nIt’s when a large company buys up all the competitors in a location and I have no choice but to buy from them.",
"sig": "b117752d031cab3a91a1f7a89073f82df49719ffc1fb47b50c8c1b7757dc000ddc7938b57a6b32308b2be43a984843b2ee9bd74acc9fe895337596d7415ca800"
}