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As long as Filecoins is traded on a market, and not tied to actual cpu/bandwidth/storage costs, then if will ALWAYS be more expensive then AWS (and alternatives
by johnmarcus 7y ago
As long as Filecoins is traded on a market, and not tied to actual cpu/bandwidth/storage costs, then if will ALWAYS be more expensive then AWS (and alternatives).
- whyrusleeping 7y agoNot sure how thats true, If you and I can negotiate a price we are willing to pay for a given thing, it doesnt matter what the token is tied to or traded on.
- ajhurliman 7y agoIf I go out and spend $20,000 on a a 480TB file server and I were charging AWS prices ($0.023/GB), I could get $11,040/ month. After two months my investment would have paid for itself. I'm not sure why you think markets are inefficient and somehow AWS is superior, but folks could be getting paid 10x less than AWS and still making money on their investments. Inversely, people could be storing their files for 10x cheaper than on AWS.
- johnmarcus 7y agoBecause Filecoin being a tradable asset as well as a utility confuses how it's valued. If it rises quickly, it's better to sell then spend. If it drops, it's bad for those running servers. Both ups and downs are being driven by forces which have nothing to do with cost of services, that's the problem. Unless they fix the price of Filecoin against the USD to make it a real utility, it's a get rich quick scheme.