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non gated information?
The location of it is universally discoverable, once discovered the facts
of the discovery are not gated, so discoverers are able to use the
information. The doscoverer may use the information for different
purposes at different time, becaue the information is in the public
domain.
Suppose the location of paris was
a) developed by its designers
b) kept secret by trade secret agreements
c) gated by its use patents
then
a) to get in you must be invited
b) only three people a week are invited
c) legal entrants get $100 each just for entering to paris.
d) On departing Paris you can take home as much gold as you wish?
e) paris has billions in gold.
what then would be the value of knowing the location of paris?
Hence its value is in the "wide distribution of the knowledge of
the location".
On Tue, 18 Jul 2006, Michael Kay wrote:
> > > I would argue the opposite to #7. Everyone knows that Paris is the
> > > capital of France, so how can this information be valuable?
> >
> > If you really think so you would edit the article on
> > [http://en.wikipedia.org/wiki/Paris].
> >
>
> I don't follow your reasoning. What would be the value of doing so?
>
> Michael Kay
> http://www.saxonica.com/
>
>
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