FAST (Free Ad-supported Streaming TV) is gaining attention. It refers to a type of media service where viewers watch ads and access content for free instead of paying a fixed subscription fee to watch movies or shows online. However, strictly speaking, FAST isn’t truly free because viewers must watch ads. In terms of opportunity cost, the viewer pays for the service by watching ads instead of paying a subscription fee. All free offerings are created through a value exchange. Let’s not be mistaken—nothing is truly free. Freebies are simply a form of payment. My expenses become someone else’s income. - Joseph’s “just my thoughts”
From a financial system perspective, there are two ways of doing business. Some people try to make money by earning money, and others try to earn money by making money. It's like a pun, but its meaning and value greatly differ. It's a concept that takes work to understand.
- Joseph’s “just my thoughts”
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