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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT
GSAT 41.56-0.6%3:59 PM EDT

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To: pcstel who wrote (29953)6/12/2024 6:48:58 PM
From: Maurice Winn  Read Replies (1) of 29985
 
PCS that's not even remotely akin to Wacky Wireless. Elon is too busy to have paid attention as he could figure out WW in an instant if he did. He does depend on regular humans to do things.

Instead of $200 per month for all you can eat, they should charge cents per gigabyte, or dollars per megabyte if overloaded somewhere. Buy $20 of credit and when it's used in five minutes, five hours, five days, five weeks, five years or five decades, buy some more credit. When the system is nearly empty, charge 1c per gigabyte. If nearly full charge $100 per gigabyte. Show the current price on the screen. That would mean people would download their Stormy Daniels when it's not busy but they could dial 911 with a video call anytime if willing to pay, or they really urgently want their porn picture for $100.

Charging petrol, potatoes, megabytes, or legs of lamb per month, or minute, is an absurd idea.

There are things called units of measurement. Charges for things allocate scarcity, with a complex and sophisticated economic idea called supply and demand to modulate the demand so that supply and demand are balanced to maximize consumer benefits and profits.

These are very complex concepts that regular dumb humans with IQs below about 140 can't grasp even if they are explained to them.

Plenty of bad and inefficient ideas can persevere for years and even centuries if competing ideas can't get a grip. That's normal. Look at traffic jams on free motorways and other roads for example. If roads were priced properly there would be no jams and economic gains would be
fantastic.

People understand the price of tomatoes, strawberries, cherries etc = The price goes way up when out of season or when demand is huge and way down when there's a glut. But they are unable to understand that idea when megabytes or using a road are involved.

I bet Elon could understand it if he gave it a moment's thought.

Motorola patented the idea in 1993 for cellphone service. I thought I was the only brilliant genius to have thought of it in 1996 = it was like discovering relativity theory and quantum mechanics. I was astounded that somebody had thought of it before me.

Mqurice
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