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The easy way out

The easy way out

Posted Nov 6, 2012 19:54 UTC (Tue) by fsateler (subscriber, #65497)
In reply to: The easy way out by tnoo
Parent article: Let’s Limit the Effect of Software Patents, Since We Can’t Eliminate Them (Wired)

Gold that was mined is worth at least the costs of the mining operation.
Not true. Gold is worth what the gold market says it is worth. The costs of the mining operation only determine if the miner will make a profit or not. Worth and cost of production are very different things.


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