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Re:Adafruit requires 2FA to prevent bots buying out Raspberr... by ryandrake on Tuesday March 22, 2022 @03:43PM (#30770546)
Not sure why you're getting DV'ed. If a product is priced such that it is actually profitable to have bots buy it (and presumably re-sell), then it's priced incorrectly and the bots are a corrective market force.

If a gas station started selling gasoline at half price, it would be instantly overrun with everyone from Harry with his pickup truck full of jerry cans to empty tanker trucks.

Re:Adafruit requires 2FA to prevent bots buying out Raspberr... by colechristensen on Tuesday March 22, 2022 @04:01PM (#30770776)
With enough money you can corner any market and turn an abundant product into a rare one.

Tends to make a lot of money for a few people until the market inevitably crashes which often puts many of the suppliers out of business.

https://en.wikipedia.org/wiki/Tulip_mania

https://en.wikipedia.org/wiki/Onion_Futures_Act

Re:Adafruit requires 2FA to prevent bots buying out Raspberr... by mardifoufs on Tuesday March 22, 2022 @05:37PM (#30771905)
Attempts to corner markets have always almost resulted in disastrous losses for the conspirators. Not that cornering the raspberry pi market would even be possible or make sense.
Re:Adafruit requires 2FA to prevent bots buying out Raspberr... by teeray on Tuesday March 22, 2022 @04:10PM (#30770874)
This doesn’t always work out, and can destroy the speculator too. Imagine how many piles of hand sanitizer and toilet paper are out there, bought to resell for profit.
Re:Adafruit requires 2FA to prevent bots buying out Raspberr... by criddell on Tuesday March 22, 2022 @04:07PM (#30770842)
Wasn’t that long ago that somebody tried to corner the cacao market.

https://www.nytimes.com/2010/07/25/business/global/25chocola...

Re:Adafruit requires 2FA to prevent bots buying out Raspberr... by logifail on Tuesday March 22, 2022 @04:32PM (#30771131)
Re:Adafruit requires 2FA to prevent bots buying out Raspberr... by nonameiguess on Tuesday March 22, 2022 @04:04PM (#30770804)
Raspberry Pis are developed by a literal charity that has making computing and computing education affordable as its mission. That's why he's getting downvoted. This attitude is effectively saying charity should be punished and profit is the only worthy goal any organization should ever have.
Re:Adafruit requires 2FA to prevent bots buying out Raspberr... by evilDagmar on Tuesday March 22, 2022 @08:48PM (#30773529)
Nope. That's entirely untrue when the bots are buying all the remaining product. That is where it becomes harmful to both consumers and producers and is no longer "free market" because consumers are now being harmed by being forced to pay more for the same product and the seller is also being harmed because they are getting not even one penny more. When the price of these things are being fixed by contract (as is the case with quite a number of retail goods), then an alteration of the price caused by botters really isn't particularly different from front-running.

If something is merely priced incorrectly, then someone else can also produce that same good and charge more for it. As a reminder, snatching up everything through automation is not "producing a good", it's market interference.

Re:Adafruit requires 2FA to prevent bots buying out Raspberr... by kube-system on Tuesday March 22, 2022 @04:32PM (#30771121)
If you want to take the pure economics argument -- you have failed to account for the present value of future business that Adafruit will generate by keeping their repeat customers happy.
Re:Adafruit requires 2FA to prevent bots buying out Raspberr... by giantrobot on Tuesday March 22, 2022 @05:04PM (#30771525)
The demand for the Pi has always been about the low price coupled with capability. The Pi is impressively capable for $35. It's far less impressive at $50. It's downright shit for $100.

Scalpers are going to slit their own throats by price gouging Pis. Demand for Pis will dry up if the price stays at $100.

Re:Adafruit requires 2FA to prevent bots buying out Raspberr... by unfocussed_mike on Tuesday March 22, 2022 @04:03PM (#30770801)
I think you're ignoring that there now entire classes of wealth where value for money is entirely secondary to instant gratification.

Anti-scalping measures are going to be necessary more and more often as the super-rich diverge from the merely rich and the rich diverge from the poor etc.

Re:Adafruit requires 2FA to prevent bots buying out Raspberr... by postalrat on Tuesday March 22, 2022 @06:07PM (#30772202)
If bots are corrective then what would you call adafruit avoiding selling to bots?
Re:Adafruit requires 2FA to prevent bots buying out Raspberr... by kelnos on Tuesday March 22, 2022 @08:12PM (#30773281)
> then it's priced incorrectly

There's no such thing as a "correct price". There is a "highest price" that enough people will still pay such that all inventory is sold, but that's not the same thing as being "correct". It depends on what the seller is optimizing for.

The Raspberry Pi Foundation wants their hardware to be sold at particular price points, and they've worked hard to keep costs down so it can be sold at those price points. They've chosen to forego extra profit, with the goal of getting this hardware into as many hands as possible, especially the hands of people who want to learn and may not be able to afford a higher price.

Sure, this isn't consistent with our profit-at-all-costs capitalist culture, but that doesn't make it wrong. And retailers are free to do their best to ensure that these products get into the hands of actual end-users, rather than parasitic, speculative, profiteering scalpers who provide no added value.

In the case of Adafruit, they would much rather have a bunch of satisfied end customers who are able to buy their products and get use out of them, than a bunch of satisfied scalpers. That's their choice (and frankly, I think much better for their business), and it's their right to impose technical measures to try to deny bots from their platform. (They may not always succeed, but that's another matter.)

> If a gas station started selling gasoline at half price, it would be instantly overrun with everyone from Harry with his pickup truck full of jerry cans to empty tanker trucks.

Just like Adafruit is trying to do with bots, that gas station would be well within its rights to refuse to serve tanker trucks or pickup trucks full of gas cans, if their goal in slashing prices was to sell gasoline cheaply to end customers.

Re:Adafruit requires 2FA to prevent bots buying out Raspberr... by internet_user on Tuesday March 22, 2022 @10:06PM (#30774038)
"bots" are just strawbuyers. How do you distinguish a strawbuyer and a "bot" (that also buys)?

Don't these "bots" all have unique payment details?