In theory open source can help you escape subscription hell but Gimp and LibreOffice do not have feature parity with Photoshop and MS Office and have significantly inferior UX. Maybe for word processing, LibreOffice or an older version of Office is fine, but that is not true at all for spreadsheets. So much the case that I would rather use Python Dataframes + Juypter notebooks than LibreOffice Calc.

This is also the case for Indesign vs Scribus, Illustrator vs Inkscape, Autocad vs Freecad. Audacity is fairly powerful but again horrible UX. That list goes on I am sure.

Found this out when I wanted a decent journaling app for Android. All the most popular ones have subscription tiers that amount to hundreds of dollar over just a few years… for a fucking journal app? what the hell!

When you have commodity money, the value of the money is derived from the value of the commodity. You don’t get to assign arbitrarily higher values to the money because the market determines the value. But yes, all speculative assets typically have a higher extrinsic value compared with their intrinsic value but I don’t believe that has anything to do with it being a medium of exchange or not. That is just supply and demand.

Gold is a commodity and you can create a currency that is backed by a commodity so you aren’t actually trading the commodity itself.

That is not true, for the vast majority of the history of money it was based on a commodity that was valuable in its own sense. It is only in the last century that we have begun experimenting with currencies that are not pegged to the value of a commodity.

Cryptocurrencies derived their value from being a network of users (metcalfe’s law) so they are more like a commodity money. Thing about something like Meta, which has a valuation in the trillions despite its physical assets not be worth nearly that and its functionality as a website being easily replicated on an alternative platform. The users are what is valuable.

Hmmm anyone remember when Andrew Yang was running for president and said that data was the new oil and that people should own the content they put on social media?