Why Nostr? What is Njump?
2024-06-13 20:32:06
in reply to

Cory Doctorow on Nostr: Our decisions to accept or refuse prices are the data that feeds this distributed ...

Our decisions to accept or refuse prices are the data that feeds this distributed computer, and the signals these decisions send about our desires triggers investment decisions by sellers, which guides the whole system to "equilibrium" in which we are all better off.

There's some truth to this: when demand for something exceeds the supply, prices tend to go up.

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Author Public Key
npub1yxzkmtuyctjw2pffp6e9uvyrkp29hrqra2tm3xp3z9707z06muxsg75qvv