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53:30 "I would not bet on anything that depends on the restriction of information"

For some reason, "The Fridge" came to mind when I heard him mention restrictions of information flow. Can someone comment on how The Fridge does or does not fit this description.




I assume the kind of information alluded to is information which is in principle public and of public interest, but its flow is artificially restricted (or at least deliberately not encouraged) by a party with a commercial interest in holding a monopoly on said information. This is normally information in the "data" sense, not "photos from the wild party last night". Example: price comparison websites.




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