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2024-08-18 02:27:56

B1tco1n1st on Nostr: What does value mean? One ounce of #Gold is one ounce of #Gold if it is #Gold. And ...

What does value mean? One ounce of #Gold is one ounce of #Gold if it is #Gold. And since thousands of years is it like this. This weight is physically defined. It is not value. Value is a construct, an attribution of the human individual.
But in fact you need much more Dollar you buy this ounce of #Gold. What is the reason for?
There are a lot of Dollars, a paper money flood, which show you that one Dollar is not equal one Dollar. Why? It is only printed on a luxury paper sheet. But one ounce of #Gold is equal one ounce of #Gold. One pint of #beer is one pint of beer and one pound of #bread is still one pound of #bread (if you are not cheated from someone).
#Gold closed above $2,500 an ounce for the first time in history.
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