nostr:npub1dc84762hpnp0y4jcvjcgwt8l7sepng93j3hg63hfm80ph6kt82eqktjwqd on “intrinsic value” in money.
This is from his book “A Progressive’s Case for Bitcoin”.
👇 Phenomenal insight 👇
nostr:nevent1qqsfa6hqceg835qaf345ml27hl2s39kpyg53zm3pspgz270n0g884vcpp4mhxue69uhkummn9ekx7mqzyrpxyty3dkdepcg2sxet5ea3n00ut447ymp9w4k3lxgdx7zuuympkqcyqqqqqqgssncal
Please Login to reply.
There is no such thing as "intrinsic value".
https://www.investopedia.com/terms/s/subjective-theory-of-value.asp#:~:text=What%20Is%20the%20Subjective%20Theory,the%20perspective%20of%20its%20users.
nostr:nevent1qqs8w0e3gjwkjv2qm8z32pcre5tef7u5q3qlh9mdlymk250k378a7lqppamhxue69uhkumewwd68ytnrwgpzpsvrr7lzv5lhv9jyy82hmdkwuw9cemuvuem3h3juztu9g00ykwdlqvzqqqqqqyf7t4g8