I was explaining the same concept to my girlfriend ( in less technical words) as an example for the argument of Jaron Lanier against the free market (youtube, tiktok, soundcloud,…) where content is supposed to be created and accessed for free. The ratio and *coins arbitrarily created and determined enforces the primary purpose of these kind of place which is “Share new things, share as long as you can and the rewards is that you can be part of the elites (status and access)”.