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39 sats \ 5 replies \ @Undisciplined 6 Feb \ parent \ on: Josh doesn't know where Bitcoin gets its value bitcoin
No, that just pushes the analysis back a step. The technology it's used in is also only valued subjectively.
According to you, the only intrinsically valuable things are food, drink and shelter?
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No, those are also subjectively valuable. All values are subjective (based in a self), rather than objective (based in external reality).
Food, water, and shelter are only valuable because there are people who value them.
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You're not saying that there are people who don't attach any value to these 3 things, are you? Or are you just saying that different people value them differently?
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There are people who don't value life at all. Value is purely a function of human psychology, which is what it means to be subjective: it's rooted in the subject, rather than the object.
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No. Just that we don't how how much any one person values any particular thing. So there's no such thing as a value something has in and of itself.
People give value to things by wanting them and being willing to do something about it.
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