Immutable content is what backs the value of money.
This is because immutable content is priceless & eternal.
All monies are founded in a society, and all societies at their foundation,
Are based on priceless & eternal ideas.
All cultures develop around priceless & eternal ideas.
These are the foundations of every culture, and thus of every money.
The US Dollar without the Constitution or Declaration of Independence,
Is not worth anything.
These documents endure, and the US endures, because these documents,
Contain immutable & priceless ideas
Of greater worth than money, they serve as the foundations of the money
Of the very culture that circulates the money
The money is only a superficial and unimportant derivative
The eternal ideas the foundations
The very idea of immutable content discovers an entirely new digital economy
It is an economy of knowledge
The central dynamics in the economy of knowledge,
Are not supply & demand,
Because supply & demand are merely quantitative
And they only describe the usefulness of things,
Supply & demand fail to describe the truth, goodness, and beauty
Immutable content must be described in terms of its quality
When it comes to content, or food, energy, land,
We care more about the quality than the quantity
And so when it comes to the economy of knowledge
What model best describes the harmony of knowledge?
What model best describes how knowledge is organized?
Knowledge is organized according to the most priceless, immutable knowledge
The most priceless, immutable knowledge will be the measure of all other knowledge
It will harmonize the circulation & distribution of all other knowledge
And so prices are organized according to this priceless, immutable knowledge
And prices try to approximate the value of this knowledge
That means that a person can pay for priceless knowledge
But the price will never accurately measure its value
The price can only approximate its value
The priceless, immutable nature of the content is the fundamental aspect
And this is the fundamental measure
And this economy of knowledge
Allows the creator economy to compete & coordinate
On the dimension of priceless, immutable knowledge
On the basis of truth, goodness, & beauty
Rather than on the basis of popularity, coercion, influence
And so in the economy of knowledge,
There is a higher ideal -- an orientation to enduring truth
And we discover a dynamic, not of supply & demand, but of prices & priceless
For priceless, immutable knowledge is what all people, by nature, desire
And the prices are only an approximation to the value of such knowledge
By a voluntary sacrifice, by a voluntary patronage
People supply their money in service of this priceless knowledge
This is what has been known as crowdfunding, donation, patronage
And the ordinal inscriptions allow for immutable knowledge itself
To be the fundamental organizing aspect of the economy
For the knowledge itself is the thing that coordinates & harmonizes
Rather than prices, or quantities, or utilities, or selfish greed
The economy of knowledge is organized by prices & the priceless
Whereby content creators discover a new orientation
Not towards marketing & viral videos
But towards the eternal ideas
Towards the classical tradition
Towards the history of ideas
And this is the economy of crowdfunded knowledge -- prices vs. priceless
That converges to the most truthful knowledge,
Of the greatest relevance, over the longest era of time
Because the criterion of such knowledge is immutable