Fair. Thank you for the correction. But I think this is, personally, one of my problems with free market economics. It conflates value and price too much. If you make a piece of software, or music, or a book and cannot control it's being copied, then how can a market assign value to it? The price is zero. Period. It's free. Unless you can somehow prevent it from being copied. And even with the restrictions of law, we've seen that that is nearly impossible.
The only reason price based markets even work for any other sort of exchange is because there is limited supply. With anything digital the supply is inherently unlimited.
The only reason price based markets even work for any other sort of exchange is because there is limited supply. With anything digital the supply is inherently unlimited.