Comment by NitpickLawyer
1 day ago
> So how do you accurately price these tokens at all
Like anything else in the economy: at the point where enough customers can pay you, and not enough will go to the cheaper competition.
1 day ago
> So how do you accurately price these tokens at all
Like anything else in the economy: at the point where enough customers can pay you, and not enough will go to the cheaper competition.
> at the point where enough customers can pay you
> (other than through price-discovery: which is slow, messy and fuzzy)
I notice a distinct lack of reading or comprehension (from everyone around me now, not just this comment) which worries me. I worry if LLM's are to blame. No one reads anymore...
I imagine a number of Hacker News members might be devs that haven't dealt with terms like “price discovery” before, so we should all try to show grace.
My apologies. I was taught that term in 7th grade econ. I assumed it was common vernacular.