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Topic: Internet would become the most expensive commodity in the world. - page 4. (Read 880 times)

member
Activity: 1204
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Internet fee is getting cheaper and cheaper by days passes and I don't think the price of internet data will increase in the future but they will give free internet and make everyone more lazy and be quarantine all the time by work from home concept and this is not going to happen in near future anyways. Smiley
hero member
Activity: 1722
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Today we we can say without internet we are nothing, many people make internet as their destination looking for much money with several platform like become youtube, writer and many people become investor with bitcoin and altcoin absolutely must use internet, without internet they can't work.
full member
Activity: 1358
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★Bitvest.io★ Play Plinko or Invest!
Good argument but I don't think that Internet will become the most expensive, on the contrary, I believed it will become more cheaper as we advance this technology. Today I'm paying around 25$ for a 10 Mbps. Yes, you might say that this is expensive basing on the speed as compare to other countries. But I used to pay $50 back then just like 10 years ago, and back then the service has horrible, and the company has a poor service.

But with the advent of latest trend, and more companies joining the picture, services here become cheap because of competition. Actually you can see a lot of marketing in the streets trying to lure someone to get out of their current services provider and moved to the new and latest and fastest provider. Although, I'm locked for 1 year, which I just renew every year. They even offer me some Iphone (old model obviously) just to keep me with them, Lol.

If we are talking about great innovation and I think this is the internet, internet is a failed military mission or plan that use to connect into other lines but it failed after a few years some one improve the concept and now we are using the one of the essential thing today in the world that is the internet, for me internet are not the most expensive one in the world instead Internet is free if you mind @OP one of the thing why does the internet becomes expensive it is just because we are paying the connection of the cable from different countries if you are in U.S they have a good internet but if you are just in the S.E.A it has limited internet providers so they can conquer the world of the internet, most of the time internet now is one of the tool we need to use nowadays, all of the gadgets we have need to work in the internet, even about researching it is more on Internet and we rely now in the Internet it is a huge impact of the internet will gone, it becomes a catastrophe.
legendary
Activity: 3108
Merit: 1115
Leading Crypto Sports Betting & Casino Platform

I think Mark Zuckerberg used to advocate free internet access to everybody around the the globe, despite internet cost almost nothing to connect two devices, what is spend during the transmission of internet data are just so satellite radio waves or some wire cable electricity, compare to digging gold from the earth crust, you digging gold you need a lot of men’s power, you need a lot of chemicals, you need a lot of heat to melt gold, a lot of petrol to move the gold, a lot of space to store the gold, a lot of everything to keep gold to what we have today, but it mean nothing. Internet would become the most expensive commodity eventually, you would gonna spend a lot of your hard earned money on internet bills and make the greedy conglomerate who control the entire internet water pipe business and force you to pay all your money to access the internet the entire life of you living on this earth, the free internet is dead, the free education is dead, the toll free road is dead, and we all have forgotten what they promise to give us free water free electricity free healthcare free retirement, soon we will forget we used to promise free internet access to all investors, btw it’s all a lie.
I remember a guy with the same goal.

https://en.wikipedia.org/wiki/ILOVEYOU
The I love you virus guy from the Philippines.

Quote
To show intent, the NBI investigated AMA Computer College, where de Guzman had dropped out at the very end of his final year.[12] They found that, for his undergraduate thesis, de Guzman had proposed the implementation of a trojan to steal Internet login passwords.[14] This way, he proposed, users would finally be able to afford an Internet connection. The proposal was rejected by the College of Computer Studies board,[13] prompting de Guzman to cancel his studies the day before graduation.

I bet he is in a good position now somewhere in the government of USA.
I know the guy and his brother and they are really good.

Now look at us, paying a lot for just radio waves which is owned by the government or the people of the country and yet we are also the ones suffering to pay a lot for just the service.
full member
Activity: 1554
Merit: 115
0xe25ce19226C3CE65204570dB8D6c6DB1E9Df74AC
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Having a price on internet itself is already silly, we are paying for a connection that’s only existed virtually, Internet  has no intrinsic value, for instance gold has intrinsic value, bitcoin has intrinsic value, bitcoin mining cost is the intrinsic value, gold mining cost is the intrinsic value, what’s internet intrinsic value? You don’t mine internet, you just connect internet over the air with a little electric energy converted into radio wave and broadcast into the air to the space to the satellite and reflect it into the satellite disc receivers on the earth ground and decode the data and read it on the computer, the intrinsic value might be just a fraction of dollar, but we pay hundreds dollar for it. Not gonna call it cheap anytime sooner.

Don't you think that those satellites, receivers and also servers, and all the people working on providing functionality of the above require some money to be put into?

I don't know how much do you pay for the Internet, but I pay $12 per month for 10+ Mbps download, and around 2 Mbps upload speed, and I'm happy with it.



In my opinion, people providing us with the connection are doing a great job, and they must be paid for it.

Don’t get me wrong, internet will still work without satellite/EM waves/receiver, you would just need a cable between two computer connecting the Ethernet port, and voila you have the internet, although that’s more accurately to call “intra-net”, but it’s just a proof of concept, I just need to mention you do not need anything else to get internet, the reason satellite, 3G, 4G, 5G, exists only for one purpose, that’s to drain your money even faster than cable connection and you think they deserve the credit for draining up all your hard earned dollars? That’s bravo! let’s me clap for you, yeah it’s cheap I know you are paying nearly effortlessly for that bills, but I’m paying nothing to connect, to local network (127.0.0.1) that’s alone would make your internet more expensive than mine.
full member
Activity: 1232
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No offense mate but I can't really perceive how internet could become a commodity in the first place. I mean, it is not as rare as gold. Besides, how can you use it on trading? Huh In my opinion, basic necessities such as water and fresh air could be the expansive commodities of the future.
I don't know how much do you pay for the Internet, but I pay $12 per month for 10+ Mbps download, and around 2 Mbps upload speed, and I'm happy with it.
For just $12?! Wow, so cheap yet so fast. Meanwhile, here in our country, you can't feel such speed at all Roll Eyes. I don't know if it was just about the topographical feature of our area or those companies are just deceiving us tsk.  
legendary
Activity: 3234
Merit: 2112
I stand with Ukraine.
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Having a price on internet itself is already silly, we are paying for a connection that’s only existed virtually, Internet  has no intrinsic value, for instance gold has intrinsic value, bitcoin has intrinsic value, bitcoin mining cost is the intrinsic value, gold mining cost is the intrinsic value, what’s internet intrinsic value? You don’t mine internet, you just connect internet over the air with a little electric energy converted into radio wave and broadcast into the air to the space to the satellite and reflect it into the satellite disc receivers on the earth ground and decode the data and read it on the computer, the intrinsic value might be just a fraction of dollar, but we pay hundreds dollar for it. Not gonna call it cheap anytime sooner.

Don't you think that those satellites, receivers and also servers, and all the people working on providing functionality of the above require some money to be put into?

I don't know how much do you pay for the Internet, but I pay $12 per month for 10+ Mbps download, and around 2 Mbps upload speed, and I'm happy with it.



In my opinion, people providing us with the connection are doing a great job, and they must be paid for it.
hero member
Activity: 2604
Merit: 816
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I think internet is not that expensive it always depend on the way we use it or on how we consume it. Internet is really important to us that is why people add internet as a basic nesicity and it is really expensive if we are going to put basis on the whole usage of the country.

Even if it's important for people who live in a big country, the internet in a small country or developing country is not cheap, and only some people who can access the internet. But yes, today, it seems, the government realizes that the internet can help them to get the actual news that happens in other country or places so they can know or they can anticipate if something worst happens. Besides that, I am sure that sooner or later, the internet cost will not be expensive anymore for all people.
sr. member
Activity: 1148
Merit: 300
I think internet is not that expensive it always depend on the way we use it or on how we consume it. Internet is really important to us that is why people add internet as a basic nesicity and it is really expensive if we are going to put basis on the whole usage of the country.
legendary
Activity: 3122
Merit: 1171
I don't think so, internet is expensive now (if you wish the best one), but if you are ready to settle with some low speed internet it can be very cheap! Like all other services, you can use them for free, you can play certain games for free, but if you wish better, faster you will need to add more money. But it's something with what we meet every day, you don't need to be smart to see that it's a business and that business will continue to be the same in the future.
I can't remember exactly, `97 or `98, one guy in my street had satellite receiver to watch international channels and internet on that, nobody else had that! We started with dial up modems in that time. Bottom line, he had money and he had the best on the market, the rest of us were from working class and we didn't have other choice than to settle with dial up! I still remember the sound when it's connecting! Smiley
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Activity: 909
Merit: 17
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I think so ,because almost everyone uses the internet and the devices we used both in our home or at works also needs internet. So far we started already paying expensive for internet and there is none free now all have expensive fees not only the internet but also our basic commodities like water and electricity.Don't be surprised if the internet would become the most expensive commodity in the world because it has a greatest demand.
full member
Activity: 1554
Merit: 115
0xe25ce19226C3CE65204570dB8D6c6DB1E9Df74AC
Internet parabolic growth would come to an end, it’s not infinite, internet can’t be faster than light.
Dude, I used car speed as a metaphor because it's still a long way to reach the speed of light. If we talk about bandwidth, you can simply double your cable to get twice bandwidth, and if the scientist can't discover a new type of cable, they can make it smaller and add more quantity just like transistors in a chip.

In a summary, you want quality content, pay for it, and pay decently, no exception to internet, I pay a bomb to learn the lesson.
I disagree about free internet as well, but I'm not gonna say internet will be expensive af so nobody will use it. Remember the law of supply and demand...

The internet undergoes a massive evolution over the past decade, I don’t have the documentary to record the entire timeline, but the evolution is very huge, you can’t go past it and unnoticed it’s changes, it’s very simple in its infancy, it’s now a very complex, a military complex, a political complex, societal complex, cultural complex, a international wide complex, from surface web to deep ground zero web Area 51, I didn’t even know what I’m talking about.
I stand corrected, we are actually sending EM waves, EM waves can travel much longer distance and much faster much noise resistance.
full member
Activity: 1554
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0xe25ce19226C3CE65204570dB8D6c6DB1E9Df74AC
Internet parabolic growth would come to an end, it’s not infinite, internet can’t be faster than light.
Dude, I used car speed as a metaphor because it's still a long way to reach the speed of light. If we talk about bandwidth, you can simply double your cable to get twice bandwidth, and if the scientist can't discover a new type of cable, they can make it smaller and add more quantity just like transistors in a chip.

In a summary, you want quality content, pay for it, and pay decently, no exception to internet, I pay a bomb to learn the lesson.
I disagree about free internet as well, but I'm not gonna say internet will be expensive af so nobody will use it. Remember the law of supply and demand...

The internet undergoes a massive evolution over the past decade, I don’t have the documentary to record the entire timeline, but the evolution is very huge, you can’t go past it and unnoticed it’s changes, it’s very simple in its infancy, it’s now a very complex, a military complex, a political complex, societal complex, cultural complex, a international wide complex, from surface web to deep ground zero web Area 51, I didn’t even know what I’m talking about.
full member
Activity: 1554
Merit: 115
0xe25ce19226C3CE65204570dB8D6c6DB1E9Df74AC
Internet companies are the ones that are really going to benefit at this time because everyone is at home and most people are spending their time on TikTok, Triller, and Instagram and other social platforms. Whenever I open my Instagram I'm always seeing Triller and TikTok videos, like so many of them everyday. That shows that a lot of people are bored and they are looking for ways that they can keep themselves busy and not get bored.

Another set of people are the internet/network providers, they are other companies that are going to profit, but I'm hoping that they cut their charges and make things easy for people.

They will definitely benefit a lot, the underlying cost of internet itself is negligible, it’s lower cost than water pipe network, railway network, and yes we don’t argue with the initial cost invested into developing 5G, or even the previous 4G, 3G too incurred high RnD cost, by now internet company are ripping profit from their investment, it wouldn’t take very long for them to become most valuable company, and little doubt about internet become a commodity that’s cost an arm and a leg.

I think you are wrong regarding how much the Internet will cost to us, regular people. As others pointed out in this thread, technologies are evolving, and the price of advanced devices becomes lower, not higher, with time. That's a fact.

I for one, think that Google search will become not free one day, but it doesn't mean it will become expensive for regular users. Let me explain. There are 3.5 billion google searches per day currently. If everyone of us was paying $0.00001 per search, it would be amounting to $0.01 per day, max, pretty affordable, while for Google it would be a good profit, namely, $35,000. But it doesn't matter how much Google makes. What matters how much we pay for the service.

I personally don't mind Google employees were getting good salaries for their job. Do you?

Having a price on internet itself is already silly, we are paying for a connection that’s only existed virtually, Internet  has no intrinsic value, for instance gold has intrinsic value, bitcoin has intrinsic value, bitcoin mining cost is the intrinsic value, gold mining cost is the intrinsic value, what’s internet intrinsic value? You don’t mine internet, you just connect internet over the air with a little electric energy converted into radio wave and broadcast into the air to the space to the satellite and reflect it into the satellite disc receivers on the earth ground and decode the data and read it on the computer, the intrinsic value might be just a fraction of dollar, but we pay hundreds dollar for it. Not gonna call it cheap anytime sooner.
copper member
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Internet parabolic growth would come to an end, it’s not infinite, internet can’t be faster than light.
Dude, I used car speed as a metaphor because it's still a long way to reach the speed of light. If we talk about bandwidth, you can simply double your cable to get twice bandwidth, and if the scientist can't discover a new type of cable, they can make it smaller and add more quantity just like transistors in a chip.

In a summary, you want quality content, pay for it, and pay decently, no exception to internet, I pay a bomb to learn the lesson.
I disagree about free internet as well, but I'm not gonna say internet will be expensive af so nobody will use it. Remember the law of supply and demand...
full member
Activity: 1554
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0xe25ce19226C3CE65204570dB8D6c6DB1E9Df74AC
As much as free internet is desirable someone must pay for it. Some leaders campaign with free internet as a very attractive promise especially for young men but the cheaper its get the more we need it. IMO I consider internet to be getting cheaper than in past years and it is also having more and better uses. Cases like crytocurrency pose internet to be indispensable, now the pandemic forces more use of internet for those working from home.

Getting cheaper? I used to pay for only broadband in the past. Today we pay for mobile data, broadband data, VPN data, anti virus, cloud computing, cloud storage, subscriptions, yyy, oh and you tell me you are paying lesser on the internet? Ironic!

Have to disagree. I first started using internet in 2004. It has been 16 years and I have seen a lot during this duration. Back then, I was having a 32 KBps connection and it would take ages to open a web page. Now I am using a 2MBps connection. Back then, I used to pay around $25 per month for this 32 KBPS connection, and there was an upper limit of 500 MB of data transfer per month (yes.. you heard it right. I can use a maximum of 500 MB data, that is less than 0.5 GB). Now I am paying around $3 per month for my 4G connection, which is having a speed of 2MBPS and data limit of 1.5 GB per day.

And in 2004, I was using Norton antivirus, which cost me $10 for one year. Now I am using Kasper anti-virus, which costs me $20 for three years (i.e $6.7 per year). I have free VPN (provided by Kasper) up to 300 MB data per day. And I have free cloud storage from Google Drive.

Now please educate me on how the stuff got costlier.

Ikr, everybody trying to race to the bottom, how about this, many years ago I used local area network, and I can download the entire library of data’s (videos, mp3, games, pictures, ebook) over the locally connected devices within the campus, it’s free, I didn’t even pay one dollars for it, and also I used adhoc connection it’s free, I can game on it over local area network with friends, and again it’s FREE, no cash needed. Local network and internet are not the same, it didn’t serve the purpose you want it to do, you go to internet because you want something that’s precious, you can’t get it on without spending a fortune, I don’t blame the free vpn or free cloud computing, they all serve the very distinctive demand, and they’re free, not without any constrains, because free items are prone to abuse, google will delete your data without prior notice, free vpn can’t access some communist country, cheap internet can’t have strong connection, latency, uptime, privacy, blah.
In a summary, you want quality content, pay for it, and pay decently, no exception to internet, I pay a bomb to learn the lesson.
legendary
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Yes I know and realize about something that might be free but at the same time I am also aware and the promises are just a strategy for them to attract more enthusiasts so I will not expect about everything they promised, because we also cannot live with something that is constantly free because if that happens we don't have the struggle to improve financially and also the country requires a lot of costs for a lot of development in many sectors.
sr. member
Activity: 1974
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As much as free internet is desirable someone must pay for it. Some leaders campaign with free internet as a very attractive promise especially for young men but the cheaper its get the more we need it. IMO I consider internet to be getting cheaper than in past years and it is also having more and better uses. Cases like crytocurrency pose internet to be indispensable, now the pandemic forces more use of internet for those working from home.

Getting cheaper? I used to pay for only broadband in the past. Today we pay for mobile data, broadband data, VPN data, anti virus, cloud computing, cloud storage, subscriptions, yyy, oh and you tell me you are paying lesser on the internet? Ironic!

Have to disagree. I first started using internet in 2004. It has been 16 years and I have seen a lot during this duration. Back then, I was having a 32 KBps connection and it would take ages to open a web page. Now I am using a 2MBps connection. Back then, I used to pay around $25 per month for this 32 KBPS connection, and there was an upper limit of 500 MB of data transfer per month (yes.. you heard it right. I can use a maximum of 500 MB data, that is less than 0.5 GB). Now I am paying around $3 per month for my 4G connection, which is having a speed of 2MBPS and data limit of 1.5 GB per day.

And in 2004, I was using Norton antivirus, which cost me $10 for one year. Now I am using Kasper anti-virus, which costs me $20 for three years (i.e $6.7 per year). I have free VPN (provided by Kasper) up to 300 MB data per day. And I have free cloud storage from Google Drive.

Now please educate me on how the stuff got costlier.
full member
Activity: 1554
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0xe25ce19226C3CE65204570dB8D6c6DB1E9Df74AC
The internet is nothing special really, just a network. If we will end up in some sick cyberpunk future where the internet will cost a lot for some reason -- people will just use thier own networks via long-range wifi bridges.

I think internet data compression is one crucial component of internet, many data are compressed into many algorithms to save data bandwidth, no matter how powerful the network cabling technology, without decent compression, we would never have enough SPEED, more speed, need for more speed, the compression algorithm is what fascinated me, I think it can compress data that’s typically infeasible in the ratio of 1/10, over the air to your pc.
full member
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0xe25ce19226C3CE65204570dB8D6c6DB1E9Df74AC
I fully admit that the Internet will become more expensive in the near future. But to be honest, I’m not afraid of this, since the Internet is a very good tool for studying information from various fields. This is one of the few places where you can openly convey the truth to people.
This is really the reality for now. Internet has become very in demand since all works today are already controlled by the internet, and without internet connection, those works will not be totally done. So we should not be surprised if one day internet would become the  most expensive commodity because everybody is relying on it for our own business and personal transactions.
I would like to research what most internet bandwidth being ulitilises on, I’m not interest in the demographic distribution of internet users over the world. To my surprise most internet bandwidth are being consume in the form of entertainments, streaming, videos, gaming, anime, only a tiny slice of bandwidth are attributed into productivity: financial transactions, educations, tech support, legal support, govt support.
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