I know that there are a lot of free market advocates among Bitcoiners. I would guess easily more than 90%. Maybe even more than 99%.
But do you know this quote?
"Atari collapsed because they gave too much freedom to third-party developers and the market was swamped with rubbish games." - Hiroshi Yamauchi, Nintendo President.
By limiting what developers could do and setting up certain rules Nintendo increased the quality of their games.
Something to think about.
The big video game companies havent released a new game in atleast a decade😂
I know nothing about video games, but it sounds like that's the free market showing that a company which gave so much freedom to third-party developers - in that market at that time - couldn't compete it against the companies that chose another approach. Unless the entire industry collapsed as a result? which I guess it didn't, since it sounds like Nintendo made different decisions and had better results -but even if the entire industry had collapsed, then it just meant that people were choosing other ways to use their time and money.
Are you thinking of how this applies to developers in the Nostr ecosystem?
Very true, but different perspective and different decisions grant success when talking about a brand vs a protocol.
But in general, great economists and great libertarians are often pretty bad businessmen.
Free market was the fact that Atari did it one way and Nintendo could do it another way while people could freely choose between them.
It's true that restrictions breed creativity...
