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.

Everything that we value is essential to our survival. Thats where our desires stem from at the deepest level. Wanting food, water, happiness or anything else is rooted into the needs from our biological evolution. You will not find a single person in this world who wants absolutely nothing. Except maybe someone who is so psychologically or physically damaged that he cannot be considered as someone who cares about life anymore.

Every desire is basically a derivation of those basic needs. Only in a more complicated fashion.

For example, Gaming: It is just the artificial dopamine rush our bodies crave for because we are programmed to crave for dopamine.