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> The value of these assets is only determined by what other people are willing to pay for them. According to William Stanley Jevons, Léon Walras, and Carl M
by tlholaday 6y ago
> The value of these assets is only determined by what other people are willing to pay for them.
According to William Stanley Jevons, Léon Walras, and Carl Menger, the value of every asset is only determined by what other people are willing to pay for it. It seems a good match for cryptocurrencies.