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RE: Basic Game Theory: Why Steemit Whales Won’t Sell Past a Certain Point
Crude analogy about the sheep as you have assumed:
The price the farmer got for the meat from butchering the animal was much less than the combined total of the wool sold over time.
Just saying to look at all the options in that one as it opens Pandora's box...
Its just an example to express my point. Obviously in the real world there are other factors at work, which is why we have both butchers and shearers.