#Austrian_Economics
Of course most humans need objective evidence or objective reasons for them to assign value to something.
Without the objective reasons the entity being considered for valuation would not stand firm and rather have short legs and “evaporate” into nothing. That happens to lies, scams, fallacies, …
The fundamental is, “value” is a matter of relativism, an ordinal entity, a subjective and situational comparison.
“Value” is not a matter of absolutism, a cardinal entity, an inherent attribute of an entity.
ChrisMartl / Chris Ⓜ️Ⓜ️🅱️ Austrian Bitcoiner
npub12d…g2t6a
2024-07-03 04:41:00
Author Public Key
npub12dqaahgwa5zd90x8tkw93un5ef6pv9wqcws2x0ksc6q379u0k9ws7g2t6aPublished at
2024-07-03 04:41:00Event JSON
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