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" Right now, over 90 percent of the world’s currency is digital. It exists as a numeric concept: Money has value only because we agree that it’s valuable. The value is illusory and dependent on our collective willingness to agree that the illusion is real. And for that illusion to work in perpetuity, money needs to be somewhat finite. If it were possible for a random citizen to flawlessly photocopy a $1 bill ten thousand times, it would not create ten thousand new dollars of equal value. It would imperceptibly devalue all available currency, and if fourteen thousand people did the same thing every minute, the perceived value of a $1 bill would microscope to nothing. This is what file sharing did to music. Napster did not make people like songs less. It probably made people like songs more. But it turned the larger concept of music into an abstraction that signified less. "

Chuck Klosterman , The Nineties


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Chuck Klosterman quote : Right now, over 90 percent of the world’s currency is digital. It exists as a numeric concept: Money has value only because we agree that it’s valuable. The value is illusory and dependent on our collective willingness to agree that the illusion is real. And for that illusion to work in perpetuity, money needs to be somewhat finite. If it were possible for a random citizen to flawlessly photocopy a $1 bill ten thousand times, it would not create ten thousand new dollars of equal value. It would imperceptibly devalue all available currency, and if fourteen thousand people did the same thing every minute, the perceived value of a $1 bill would microscope to nothing. This is what file sharing did to music. Napster did not make people like songs less. It probably made people like songs more. But it turned the larger concept of music into an abstraction that signified less.