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Mediums are themselves services that a consumer decides whether to use based on marginal cost and utility. They are services that are used to purchase products

Mediums are themselves services that a consumer decides whether to use based on marginal cost and utility. They are services that are used to purchase products and services. Purchase decisions are made about these services in the same manner as purchase decisions about the end product, at least under the rational choice theory of economics.

chris_wot 4y ago
So under that theory, the medium of Ethereum will increasingly not be chosen.
- everfree 4y ago
  Of course. Once it becomes too expensive because too many people are choosing to use it, then nobody will choose to use it. At that point, nobody will go there anymore because it's too crowded.
  - chris_wot 4y ago
    So... the original comment is not a weird flex at all then.