3 ms·
Unfortunately that is not how human nature works. Value itself depends on the necessity or desire of people for a product and is distributed via the money print
by matu3ba 3y ago
Unfortunately that is not how human nature works. Value itself depends on the necessity or desire of people for a product and is distributed via the money printing debt system.
In other words: Necessary value can only exist, if other humans have a problem and depend on somebody/something to solve it (temporarily).
Explaining valuation from individual desire is hard, but group desire depends on techniques to control the masses and in between are many layers of uncertainty.
- BSEdlMMldESB 3y agothe necessity of debt to measure and trade is dubious at best, selfish and evil at worst people advocating for this are on the receiving end of a very extractive and destructive system
- matu3ba 3y ago> the necessity of debt to measure and trade is dubious at best, selfish and evil at worst This is not what I wrote or meant, but I do agree that it could be understand like that. It would be of course better to measure necessity with something else, but so far approaches to replace it have failed for various reasons.