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RE: Inflation And The Digital Age

in LeoFinance3 years ago

Digital items do not adhere to the same concepts we are so familiar with. In fact, there is one digital product that keeps growing at an exponential rate yet also get more valuable. That is data.

Interesting take on inflation, but I think I don't quite agree with this point. Data that provides information and value to an entity are getting more valuable as people recognize their potential, but not all data is valuable. In fact, most raw data isn't worth anything and in many circumstances, data is only made valuable if experienced analysis and data cleaning is applied to it.