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Marginal utility, marginal utility, marginal utility. It's true for USD, BTC, EUR, PLN... you name it. The more money you have the less valuable the last unit
by vrotaru 15y ago
Marginal utility, marginal utility, marginal utility.
It's true for USD, BTC, EUR, PLN... you name it. The more money you have the less valuable the last unit (coin) is. Or seems. Value is subjective, anyway. So what we have here is just another feedback mechanism which will regulate the level of saving/hoarding according to individual preferences of savers/hoarders. This way, hoarding, it self-regulates.