Connor McCormick pfp
Connor McCormick
@nor
Does anyone know why Optimism says that the right amount to reward public goods is with profit equal to impact? I'm trying to ground that idea Is there anyone from Optimism here on farcaster? https://abundances.substack.com/p/how-crypto-solves-the-problem-of-public-goods-8ae7125459a8
6 replies
0 recast
1 reaction

Mike | Abundance pfp
Mike | Abundance
@abundance
Don't know what's Optimism's reasoning but one intuition is that if private goods are a p2p exchange based on their value to individuals, public goods are a p2e exchange (peer-to-ecosystem) so the pubic good should be exchanged for how much it impacts the whole ecosystem
1 reply
0 recast
0 reaction

moreReese pfp
moreReese
@morereese
I don't have much Optimism context, but my initial impression is it reminds me of the Satoshi Nakamoto quote about the price of a commodity gravitating toward its production costs.
1 reply
0 recast
0 reaction

7858 pfp
7858
@7858.eth
I wonder if @binji.eth is that Binji
0 reply
0 recast
0 reaction

Stas pfp
Stas
@stas
@jackanorak
0 reply
0 recast
0 reaction

m_j_r pfp
m_j_r
@m-j-r.eth
imho, opposite interpretation to the possibility of toll-gating a public good to extract actual market value via revealed consumer preference. but I wouldn't say profit, it'd be growth of the entire market that's attributable to that, and that's really only one definition of "how good" in finance, not other terms.
0 reply
0 recast
0 reaction

bchow pfp
bchow
@bchow
seems like an intuitive ideal to strive for "value received = value provided"
0 reply
0 recast
0 reaction