Comment by xg15
4 years ago
This implies that anything that is scarce or requires labour to obtain automatically becomes desirable and rises in value.
4 years ago
This implies that anything that is scarce or requires labour to obtain automatically becomes desirable and rises in value.
Faux scarcity is a key concept in the crypto ecosystem.
scarcity is a necessary, but insufficient condition for desirability.
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.