alt Hacker NewsWhat's stopping the price from being extremely low? Plenty might pay $1 to take a bundle of 1000 items of clothing, pick through it and find 20 items they like, then destroy the 980 other items.
What's stopping the price from being extremely low? Plenty might pay $1 to take a bundle of 1000 items of clothing, pick through it and find 20 items they like, then destroy the 980 other items.
Isn't that still better than it all getting destroyed?
Also if someone is buying new goods for pennies on the dollar, I'd expect them to find some value in more than 2% of the stock.