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10 sats \ 0 replies \ @carlosfandango 5 Oct 2023 \ parent \ on: Lyn Alden book club part I bitcoin
Value is of course subjective but probably quite predictable. In pre-industrial societies meat maybe more valuable than maize, until there is a limit in meat prior to a hunting party going out etc. and then other staples are valued more highly. Meeting basic human needs;food, shelter, warmth will also be prioritised.
But what is that as societies increase beyond a certain size or collection of kinship/familial groups their is a requirement to verify value rather than trust it.