Quote from: nightways on June 05, 2018, 07:37:48 AM

Quote from: AxiomSupport on June 02, 2018, 09:26:26 AM

There is, and has been, a misconception about the economics of free things for a long while now, this movement or ideology started from the premise of government hand-outs to the least economically developed citizens. When we do talk about the economics of free things(which is rarely) we usually associate it with the idea that it involves a regulatory central agency distributing the wealth amongst its people. However when it come to the free market this type of leniency is not available at all. Day to day people don't have access to stocks or derivative markets for example, and that helps to increase the gap between the rich and the poor(which in turn requires the intervention of the aforementioned central authority).
New technologies however provide an opportunity for this gap to be closed. When a technology is in its infancy the interest for its development and widespread adoption from the creators is big enough to try and exchange portions of the value of their product for market depth. Put in other words and in regards to token economics, ICO's are so desperate for the widespread use and adoption of their product that they will literally give away portions of the participation of their product, in the form of tokens, in exchange for network effects and market depth. We now have an interesting concept formed from this: airdrops and the difficulty that this companies are going to have to achieve their desired market depth.

The question then is:
How could some profit from the economy of free things, and what would the reaction to this opportunity, by the general public, be?

Lol, free things? Who doesnt love free things? Except if they are not good But if they are good then go for it. But what kind of technology are you referring to exactly? Is it Bitcoin? I think you guys should stop referring to Bitcoin as a free money, cause youre distracting people. Lots of people get into Bitcoin with hopes making free money and end up being disappointed at last. So it is not free money. Of course I know about Faucets that are given out free money to people, but you and I know that it is worth nothing at all, cause by the end of the month you will not get more than a $1. So its no free money😔

As far as I understood, OP is not referring to bitcoin as free money. I think he is speaking about those giveaways where common people could participate and hopefully get some free coins or tokens, which they could later on exchange for fiat money. But I agree that mostly those free tokens are worth almost nothing, and that only in long runs could they become profitable. But no matter how low price is, its still giveaway of money right?
I guess that giveaway is something that is good only as an "side thing", it could bring you some good money only in long runs, but its not something that could change economic situation of common people.