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Yes, that is why I used the word "speculate". If there is a 10% chance this data explodes in value by 100x, then we could have expected that someone would have
by slg 1y ago
Yes, that is why I used the word "speculate". If there is a 10% chance this data explodes in value by 100x, then we could have expected that someone would have paid close to 10x the cost (minus the NPV of that money). The fact that no one did indicates a widespread belief that the odds of this hypothetical change happening are perceived to be low or that the value wouldn't actually increase that much after the change.
- squigz 1y agoYour logic seems to be based on a belief in a perfectly rational and near-omniscient market. Given how much money is lost in various investments, how many companies fail, etc... I'm not sure such confidence is warranted, or safe. Dismissing valid concerns about such data being sold and traded around as "fearmongering" also seems unfair. Given the