Quote from: zaesvlas on April 11, 2022, 01:32:36 PM

Quote from: numberslacey on April 11, 2022, 11:27:55 AM

Quote from: goldkingcoiner on March 28, 2022, 05:47:33 PM

I think that the very meaning of "value" is and ways has been nothing more than a single word without a real physical meaning. Value is an abstract feeling. A feeling of desire. Biologically, our desires are wired into us and always come down to necessary human requirements like food, love, safety and so on. So value is whatever we feel like it is. However if you are talking about monetary value, electricity, miners, internet and rent is not free. So making Bitcoin costs money.

Those Bitcoin mining costs are the non speculative, translated value.

You are saying that we give value to the things that we require for living? ‘Cuz the examples you cited are important for survival.

But in that case, things would cost about the same, right? If things have the same functionality, why should they cost differently?

Just because we are paying a lot of money for something, it is valuable? Expensive doesn’t always mean valuable. For instance, water is the cheapest in most countries but most valuable in life. My question is about the real world usage of bitcoin, not how expensive it is. I hope you got your answer.