perfect example of use value vs. exchange value. Instagram has an exchange value of $1B (in FB stock and cash) simply because Facebook chooses to make that exac

perfect example of use value vs. exchange value. Instagram has an exchange value of $1B (in FB stock and cash) simply because Facebook chooses to make that exachange . . .poof . . just like that. Instagram also has a use value, which is yet to be determined (and is impossible until there's a price they charge for their service to folks that USE their product). Of course they could put ads on their service in which case the use value then is determined by the advertisers that PAY to use Instagrams 'network'.