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Tokens too cheap to meter

354 points · 227 comments · teoruiz

  1. abirch · · focus · HN ↗
    Too Cheap to Meter reminds me of the promise of Nuclear Power in 1954

    "It is not too much to expect that our children will enjoy in their homes electrical energy too cheap to meter,..." Lewis Strauss

    <a href="https:&#x2F;&#x2F;en.wikipedia.org&#x2F;wiki&#x2F;Too_cheap_to_meter#Origins" rel="nofollow">https:&#x2F;&#x2F;en.wikipedia.org&#x2F;wiki&#x2F;Too_cheap_to_meter#Origins

    Oddly enough my power bill was metered and big.

    1. qlte · · focus · HN ↗
      It&#x27;s a deliberate reference&#x2F;meme that is basically used to acknowledge the precedent of overly exuberant predictions of cost in an emerging technology but argue &quot;however, this time it&#x27;s true&quot;.

      Of course, perilous territory for future irony depending on how your prediction plays out.

      1. m463 · · focus · HN ↗
        I remember up to around the time the PC came out, you were billed for computer time.

        Later, you were billed for time connected to the &quot;internet&quot; (compuserve or aol or whatever)

        Around when the iphone came out, software went from tens or hundreds of dollars to pennies, then free.

        On the other hand legal advice has always been expensive, because a good answer is worth it.

        Medical advice is worth it. Investing advice is worth it.

        (That said, I wonder if with home solar and batteries if electricity will ever &quot;generally&quot; go down in price to normal people)

        1. pixl97 · · focus · HN ↗
          Long distance phone calls were charged per minute.

          Texting was charged per character.

          And if you have the capabilities to install your own solar it can pay itself back in 6 years. Not sure what that looks like with 100% battery coverage.

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