Post
Topic
Board Speculation
Merits 5 from 2 users
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Richy_T
on 27/01/2025, 03:28:37 UTC
⭐ Merited by BlackHatCoiner (4) ,vapourminer (1)
Of course, you can believe what you like, even though it seems to me that categorizing of all value as subjective comes off as a wee bit whimsical and out of touch with other  ways that value can be assessed, since it seem that something has to actually have value in various objective ways in order for the subjective valuations to potentially complement the objective valuations.. and sure sometimes humans may get the valuations wrong or have to re-evaluate why they might value something relative to something else, which again I would superficially without getting into a bunch of nitty gritty to have both objective and subjective components depending on the asset, good and/or service being valuated.

In a universe empty of *everything* except a bitcoin miner and a node (which allow it to exist and operate), what objective value can Bitcoin have?

You may call it whimsical if you wish but it's the simple truth and many great truths descend from this realization. After all, it's what allows trade to exist. Each subjectively values something the other has more than something they possess themselves.