Satoshi_shrugged on Nostr: It’s wild how few people understand that value is subjective. I’ve spoken to many ...
It’s wild how few people understand that value is subjective.
I’ve spoken to many smart people who believe that there is such thing as “intrinsic value” or who tell me that things gain value from the labor it took to produce them.
Mainstream economic understanding is broken.
Published at
2025-02-09 21:33:13Event JSON
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"content": "It’s wild how few people understand that value is subjective.\n\nI’ve spoken to many smart people who believe that there is such thing as “intrinsic value” or who tell me that things gain value from the labor it took to produce them.\n\nMainstream economic understanding is broken.",
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