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The Museum of Vestigial Desire

Tag Archives: worm

Scarcity tags: worm

Classically value is derived from scarcity and not function. Scarcity is just a parameter of limited distribution. Limited distribution is a symptom of inefficiency. Sometimes it is just not possible to distribute efficiently. Numerous road-blocks present themselves. Difficulty of access, the uncertainty of a potential for transaction and such other factors emerge. Sometimes nodes in the network refuse to present themselves for trade and then the entire network of trade gets broken. To convince…