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0 sats \ 8 replies \ @88b0c423eb 14h \ on: What bitcoin taught me: Value is not subjective econ
"that the only thing that takes time is for people to understand those properties" that is a subjective valuation which many people can agree upon. And that's the whole point, value comes from what they believe in as such. Take vaccines for example, for me their value is negative but for most people they have a high value as they believe it has properties to save lives.
You're confusing price with value
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why? Did you ever read Ludwig Von Mises on this subject? Saying value is objective is a very marxist idea.
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Marxists don't believe what I'm describing.
Btw, your friend-enemy distinction is showing.
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They do, they believe that every work has its value, regardless of the subjetive valuation of others. Rothbard shit cake is a great example.
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I never said every work has its value
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if value is objetive than every work has its value
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What about work that's not verifiable?
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its value is still subjetive