#66 Storing the value of attention in digital objects w/ Derek Edwards
The Ledger Podcast
Is Scarcity Real or Fake?
I want to remind people that there are 100 million songs on Apple Music and there's only roughly a million that people love. There will always be more aspirants than there are success stories, right? And so if you can just understand that a single piece of art can trade for a hundred and fifty million dollars, that a digital object can trade for one and a half million dollars,. not a Honus Wagner card that is being bought and sold for seven or eight million dollars today. If you've understood the power of attention, then as soon as you understand that concept, you've understood scarcity," he said.
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