That dude who completely fails at understanding subjective value is an "economist" according to his profile 🥴
Discussion
How the fuck does he think he would be able to tell, if one of 8 billion humans sees value in something?
The small hint, that it's traded at a market cap of ~1T$ might suggest, that some people do.
Quiggin is a fucking retard.
I mean, saying something “has no subjective value” certainly qualifies as retarded because it is objectively incorrect on its face, let alone looking at the Trillion dollar market cap of the thing he’s saying has no value.
It’s like he doesn’t know the meaning of the word “subjective” and then instead of a moment of introspection he just goes off on one as if his opinion matters.