The Ledger Podcast cover image

#66 Storing the value of attention in digital objects w/ Derek Edwards

The Ledger Podcast

00:00

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.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app