Thursday, 19 December 2019

"In reality, the market is just space where buyers and sellers come together to trade; just as railroads brought large swathes of the country together in the 19th century, the internet is bringing consumers of content and producers of content together in the digital marketplace." #QotD


"Markets are sometimes treated as magical, nebulous concepts by people who adore them, as well as those who abhor them. But in reality, the market is just space where buyers and sellers come together to trade...
    "Just as railroads brought large swathes of the country together in the 19th century, the internet is bringing consumers of content and producers of content together in the digital marketplace."

~ Zilvinas Silenas from his article 'What Streaming Services Teach Us about Economics'
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