5 ms·

200k isn't that much for certain use cases, like shared cars. NYC taxi medallions were significantly more expensive yet the revenue from taxi rides was high eno

200k isn't that much for certain use cases, like shared cars. NYC taxi medallions were significantly more expensive yet the revenue from taxi rides was high enough that people kept buying medallions.

beambot 5y ago
Not exactly apples to apples. A $200k hardware device depreciates in value over time, whereas the taxi medallion was a fairly liquid, appreciating asset.
- thebean11 5y ago
  Yup that's a really good point.