The assumption that nobody would create anything if there was no way to profit from it has long been disproven in practice, but if profiting from your digital creations is one of your goals, blockchain could help you attain it.
Originally shared by Singularity Hub
Blockchain Will Be the Foundation of Trust in the Metaverse http://suhub.co/2xNAp7p
I think you are using “profit” too narrowly. When I make a blog post, I don’t get any direct monetary profit, since my blog doesn’t have ads. I might get an indirect monetary profit if my increased visibility results in more people reading my books or paying me to give talks. But the main profit is that I get to spread my ideas.
Money, after all, is useful only as a means to other ends. Other means to the same ends still count as profits.
So I would put the assumption as “nobody is likely to create anything unless he believes that doing so helps him achieve some one of his objectives.”
Speaking of profit… I hope the tax-man won’t tax my happiness.
Happiness may be a very big measure of “what does it profit a (person)”.
The article is talking specifically about profiting financially, and that was therefore the sense in which I used the word.
Mike Reeves-McMillan Do you think that, using profit in that sense, anyone held the assumption you refer to initially? Every time I cook dinner I am creating something that I do not profit from financially. You might as well start with
“the assumption that two plus two equals five has long been disproven.”
Just read as if the context matters, David Friedman. I’m not in the mood for a stupid debate about semantics.