They don’t pay that way to the seller. They create a financial agreement with a bank to pay back it all in 55 days or pay it out over a few months. This cannot be called rental. Also if you agrue this then my bank account is also rental. I put money into it in bits and pieces or weekly pay check so I can buy that item outright.
Rental is a entirely different fish to credit cards or savings.
You suggest only one model, so they are better and yet you wouldn’t use them.
So you suggest 10% now instead of the 20%. My point still holds that after 3 years its 360% of the upfront cost. Even though the upfront cost is ever so tiny fraction of a coin that you need a mathematical approach to understand the amount. Yet rental is better?
Go read the RFC. One MB can cost as little as one (or will it require 3) “PUTS”
One “PUT” can cost as little as 0.00000000000000001 of a SAFE coin. Its in the RFC. I am suggesting that spare space is not as much and that its like 0.00000000001 of a safe coin. 10000000 times as much as the minimum.
Again a little research on the model would change your views a little.
My hard drive (not USB drive) costs around 60$ AUD per TB or about 6 cents a GB. In 5 years it will cost $0.006 and in 10 years it will cost 0.0006. Well actually the SSD developments could mean in 5 Years 1GB will cost $0.0001
My example WAS an example and NOT meant to be actual TODAYs costs. So it was 5 or so years in the future, it still does not diminish the effects.
If I can be charges 6 cents for my batch of photos from a wedding or other big event then why in the hell would I rent. Can I not afford the 6 cents per batch.
And that was $7,000 or more 10 years ago. Whats your point. People think this project won’t be live for 5 years so my examples are actually approximately correct.
AND HELL YES the price can be a lot cheaper than Google cloud storage. Its all part of the new model, read it up. Using spare resources has ALWAYS been cheaper than commercial resources.
How much do you pay to store (incrementally) to store goods in your spare space int he garage? What if you made a distributed system that allowed people to store stuff in others garage and pay into a pool and then the garage owner is paid when the guy came to get some stuff out of their box. Yes I agree its not a direct parallel but one that shows it can be cheaper to use spare resources than a commercial storage provider who charges by the month. Its a different model and comparisons only show that its comparing apples to oranges due to all the differences.
I didn’t say that. Microsoft want people to pay in increments so microsoft can earn more money. The purpose of creating biased studies is to attempt to change the attitudes of people to be more favorable to the idea of renting software and hardware (game boxes). That way they can earn 10% (your figure) each month thus getting 120% per year of the outright up front price Microsoft (used to) get
Of which you claim is out there. Ignoring that research builds up on itself. How many scientific facts have been shown wrong decades or centuries after ordinary experienced folk knew it was wrong. Your claims go against what we see in society. EG credit cards usage rising so people can pay upfront. OR that even you don’t want to rent from radio rentals because you don’t like their rental plans.
I am not ignorant of using research, I had to rely on a lot of research in my R&D job years ago. But back then we critically examined the research and at times rejected peer reviewed papers because of a variety of reasons, One being it did not actually answer what was needed. Or simple critical thinking showed flaws in the research. Or later research showed a different result. So no need to lecture about research, it has ots place and needs critical thinking and your claims don’t add up and if the reasearch truely agrees with your claim that people WANT rental over upfront then I suggest it is biased research or is answering a different question to what you thought it was. I agree though that people are being channeled in to rental models.
I will call BS on this.
I pay 100$ for unlimited 100MB/s cable plan.
TPG I paid 59.99 for 20MBits/sec unlimited quota ( nigh on 200 GB/day experienced) when I lived elsewhere. Now TPG offer unlimited for either 69.99 or 79.99 on the NBN at 25Mbits/sec
Oh if you want perfect accuracy then its 500K to 2MB for most JPG phone photos and even at 3GB my point still stand because who takes 1000 photos at a wedding or honeymoon so my 1GB was an overestimate using 1000 photos which more likely is less than 250 photos.
In any case the point still stands and see above for costs.