3 ms·

Anecdotically, accounts whose speech I find valuable have not paid, and accounts with negative-value speech have. Rationally, it makes some sense, as people wi

• hatefulmoron 3y ago
  > Rationally, it makes some sense, as people willing to pay $8 for being published consider their publication to be worth -$8. How does this follow? I might spend $8 if I think I have valuable things to say if it means prioritization over thoughts I consider less valuable. It's not like the reach of a publication is determined by its value.
• jstanley 3y ago
  > people willing to pay $8 for being published consider their publication to be worth -$8. I don't think this is right. I'm not willing to pay $8 for something just because I think it's worth -$8 to you. I don't care how much it's worth to you. Rationally, the value of something to you doesn't factor into my valuation. I pay $8 for something because it's worth at least +$8 to me.
  • espadrine 3y ago
    When I give you a barrel of oil in exchange for $80, that oil is priced at $80, and that is often phrased as its value. When oil prices went negative in 2020, people were giving both the oil and $30, and so the oil was priced at -$30. Sure, the oil was worth $30 to give away, but the oil was not valued at $30; it was valued at -$30. Many people sell speech (eg. President Obama has given a speech in exchange for $400K). When you give both money and the speech, just like oil, that infers the price of that speech.