Message from @fallot
Discord ID: 341210273975369728
that isn't a value at its root, of bitcoin, but of how the systems of price play around it
its anonymous, portable nothing
The value of gold breaks down into certain attributes that make for an effective medium of exchange
gold inherently has some value, even if very minor, simply because its a tangible thing
@fallot BITCOIN IS SOLELY DEMAND-BASED
IN OTHER WORDS
everything is
that is not true
its crazy stock-market type thinking
ON SOME LEVEL, YES, BECAUSE THERE MUST BE A BUYER TO HAVE VALUE (RELATIVITY)
a mess of a mess built on lies
ON ANOTHER, SOME THINGS ARE PURELY DEMAND-BASED
AND NOT PRODUCTIVITY-BASED (SUPPLY SIDE) AT ALL
the only things with objective value are blood, soil, and food/water/shelter/clothing
THERE IS NO OBJECTIVE VALUE
that is obviously not the case
I AM A NIHILIST
and objective is not a useful word in this regard anyway
perhaps real would be a better word
I throw raw cabbage into everything I cook, it adds a nice crunch
@charles watson ALSO REDUCES CALORIC DENSITY
GOOD THOUGHT
I FIND CABBAGE IS BEST RAW OR NEAR TO RAW
Most vegetables are
consider a camera for instance
you can take a picture with it
prozak you sick
?
taking pictures may not be "objectively valuable" per your principles
@Deleted User 57835c2c NO ACTUAL AIDS, SORRY
@fallot IN THEORY, THE CAMERA IS WORTH ONLY WHAT PICTURES TAKEN WITH IT ARE WORTH OVER ITS LIFESPAN
sure, but nevertheless, its a tangible function
IN REALITY, ITS VALUE DEPENDS ON UTILITY TO OTHER INDUSTRIES AND INDIVIDUALS
EXISTENTIAL UTILITY INCLUDED
bitcoin can only be held and sold
IT CAN ALSO BE SPENT, BUT NOT AS ANONYMOUSLY AS MOST THINK
held and sold automatically implies spent
How is bitcoin less real than fiat
because fiat has guarantees behind it
So does buttcoin