this post was submitted on 04 Sep 2023
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DRS Your GME
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It is not fair to say that Ryan Cohen is "attacking consumers." When you buy a physical disc –– then you own it –– free and clear. You can play it, loan it, sell it –– regardless of whether the corporation approves –– or is even in business anymore. When you "buy" a digital download, then your license could go away at any time. Look back at the history of digital rights management. And GameStop is investing in the future –– look at PLAYR and their partnership with Telos. Blockchain could be a way to bring these rights to digital downloads.
He kinda is attacking though. Consumers are buying diskless drives. So that's their choice.
I'm aware of physical Media vs digital. I'm advocating for a system similar to crypto. Not your keys not your coins. Similar for any property. However disks are an outdated media. They work less and less. Laptops have moved away from disk drives, consoles are removing them.
A hybrid solution I requires. As again I advocated for GameStop to have an online system. I can buy and sell digital games. Absolutely fantastic. I can only see this as a win for consumers.
My issue with the tweet and my understanding is that GameStop makes a lot of money reselling disks. I would need to dig into their finances to find out how much.
That is not good for consumers. Might be good for me as a shareholder but I can advocate for consumers and still want my company to do well.