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xg15
1638 days ago
This implies that anything that is scarce or requires labour to obtain automatically becomes desirable and rises in value.
2 comments
jmagoon
1638 days ago
Faux scarcity is a key concept in the crypto ecosystem.
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chii
1638 days ago
scarcity is a necessary, but insufficient condition for desirability.
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xg15
1638 days ago
I think it's not even necessary. Otherwise, rights holders wouldn't have to put in so much effort to hold up the other form of artificial scarcity, DRM. Free software wouldn't exist.
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