Be peaceful, be courteous, obey the law, respect everyone; but if someone puts his hand on you, send him to the cemetery. - Malcolm X

mexicanist geopolitics nerd

滴水穿石.

中国共产党万岁!

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Joined 3 years ago
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Cake day: March 24th, 2022

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  • Yea, there is an objective value, as in the average labour needed to produce the thing but there is also the value that people perceive. The more divorced from production people are, the more the abyss between objective and perceived value grows, this is how you get cardboard pokemon cards being valued at four figures or more.

    At the end of the day, marketing is more about creating a mythology around a thing than informing people about the product.


  • The way i see it, bitcoin is just a glorified savings fund.

    The only value, as in labour put in, would be the energy spent by the hashing process but honestly considering it value its as if we considered value a person endlessly working digging a hole and then filling it back up, sure it’s energy spent but its spent in a non productive way.