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Gold does have value: as an industrial commodity for coating electrical contacts and for IC wire bonding, among other uses. Its elemental characteristics are un
by tomkinstinch 14y ago
Gold does have value: as an industrial commodity for coating electrical contacts and for IC wire bonding, among other uses. Its elemental characteristics are unique. This value is probably much lower than its present market value though.
- icebraining 14y agoIt only has value for people who value the results of those applications. It's still not an intrinsic value, only subjective.
- tomkinstinch 14y agoFair enough.
- deleted 14y ago[deleted]
- Codhisattva 14y agoWith that in mind, I tend to think that the only items that come closest to having intrinsic value are food and potable water.
- oleganza 14y agoConsider marginal utility. 100th glass of water is probably useless for you. Also, in some situations a person may value something higher than a glass of water, even if he's thirsty.