USocial is now going after YouTube. These clever guy and gals have figured out a way to bypass the democracy of social media to bring is a new form of merchant class capitalism…SUPER SPAM. For a small fee, you can get your message to the head of the line – in effect pushing the rest backwards. Presumably for a bigger fee, you can get ahead of those who paid a smaller fee, and so forth.
Posts Tagged ‘market friction’
Social Currency: What If The Dollar Fails?
Submitted by Dan Robles October 2nd, 2009 - 02:00. 4 Comments »
I have been hearing a great deal about an inevitable collapse of the dollar. Not today or tomorrow, but more likely over the course of the next 10 years. The failure will probably not be a stupendous crash since politicians would avoid this as a means of self-preservation. Rather, it would simply be a slow and grinding inability to “afford” many important things using cash until one day it’s gone.
