How to make money on the internet
People got confused about how to make money out of the internet. They thought we should be able to demand payment. They forgot about demand and supply. Supply doesn’t automatically equal demand – especially financial demand. First value must be created, then it is extracted. It’s the opposite to the previous industrial world, in which we used to buy first and re-sell. There’s been an economic shift worth noting. Now it’s proving, then earning.