If you own the only one of a kind, say a scroll written by Jesus himself, its value would be unimaginable to many people. If you have a million of a kind, such as the Roman Aureus (gold coin), they would fetch a high premium above the value of the metal; their trade value or their purchasing power would be substantial. If you were recognized as a multi-billionaire producing goods and services that are in high demand (Bill Gates), the public would be eager to co-invest in your enterprise, as the exchange value of you shares would be known as being constant or actually appreciating.
If you were a manufacturer of small components or widgets that theoretically can be reproduced ad infinitum, using the latest 3D-printing technology, the trade value, or the purchasing power of each item, would eventually diminish to a minimum of sustainable production cost plus a profit.
If you owned a private company, it could be a bank, that acquired its assets by creating trillions of promissory notes (IOUs), or, if you will, an unlimited amount of the same, their exchange value or their purchasing power would be reduced with every additional note produced, and so would be the confidence in these notes by the recipients. The traders would soon demand higher and higher nominal denominations of your IOU notes for their products. Consequently, the prices for the final consumer product would also continue to increase. Those individuals who trusted you and your notes and saved the same for a time of need have lost their nest egg in the devaluation of the paper promises. Obviously, this trend will only last until hardly anybody wants anything to do with you and your discredited promissory notes. For you and your promises to be respected and trusted, you need real world utility money: money that contains the resources and the labor required to create it.
Our M.Hs. represent genuine value and do fit the definition of real utility money; however, they are just not convenient to carry around for transacting general commerce.
Bernd,
I agree our MoHos are a real asset with value but as you pointed out, the more rare, in demand, and unleveraged an asset is, the better.
Rare:
Our homes are more rare than a stick-built.
In Demand:
Our homes are less in demand than a stick built.
Unleveraged:
Our homes may be over-leveraged, or not.
Steve