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0 sats \ 1 reply \ @SqNr65 16h \ on: What bitcoin taught me: Value is not subjective econ
Are there numerical values that you can assign to each of these categories to determine the total value of the good?
Like is it:
score of 5 on work / difficulty / sacrifice / effort / cost to generate
Score of 7 on proof / truth / honesty / verity / cost to verify
Score of 1 on universality / care / inclusivity / diversity / cost of exclusion / for my enemies and friends
Score of 9 on independence / responsibility / sovereignty / property / cost of control / not your keys, not your coin
Total value: 22
Or something like that?
This is the trillion dollar question I think.
In principle each of the dimensions should be quantifiable. In physics there were centuries of improvements in the accuracy and precision of the denominators.
I think these principles are rooted in physics and information theory, and the mathematics of networks, probably the kind of mathematics that describes bose-einstein condensates or something like that. But I'm a million miles away from being able to define the units or to determine how to measure the sovereignty of a social system.
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