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RE: What is Intrinsic Value?

in #cryptocurrency7 years ago

Interesting concept.

'Value' seems to be a concept that is becoming 'loose' in the traditional sense. when it comes to digital spheres, value looks strange compared to physical things, but the inner human factors involved seem to be exactly the same. I pondered on this in the following article: https://steemit.com/cryptocurrency/@wekkel/bitcoin-price-is-that-air-you-are-breathing

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Yes I agree. i think this is part of a bigger Paradigm too where by the directors of humanity understand we are easier to control when we are forced into a simplistic material view of everything. Many people want to throw words around but rarely investigate the definitions or abstractions of the words. Value is an intriguing concept, it appears to be an agreed upon consensus that could theoretically change in an instant given the perfect storm of circumstances.