Doug, this is another great piece. 1) keep writing first thoughts please 2) great point out on Eugene Wei and 3) the digital Gucci bag will be about 10 to100 times more valuable than analog counter part because you can rent it out by the minute, forever (instead of it sitting in your closet) and it won't come back broken from "the use". (Michael Saylor frames this idea well as he talks about Bitcoin as Digital Energy in recent interview with Peter McCormack if you are interested) but I think it applies to all digital goods - they can be fractionalized, augmented and deflationary instead of depreciating assets - Larry
Doug, this is another great piece. 1) keep writing first thoughts please 2) great point out on Eugene Wei and 3) the digital Gucci bag will be about 10 to100 times more valuable than analog counter part because you can rent it out by the minute, forever (instead of it sitting in your closet) and it won't come back broken from "the use". (Michael Saylor frames this idea well as he talks about Bitcoin as Digital Energy in recent interview with Peter McCormack if you are interested) but I think it applies to all digital goods - they can be fractionalized, augmented and deflationary instead of depreciating assets - Larry