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Once again there's this ridiculous "intrinsic value" / "value" dichotomy. So then what, is your definition of "intrinsic value" that a recognized government ac
by Lambdanaut 13y ago
Once again there's this ridiculous "intrinsic value" / "value" dichotomy.
So then what, is your definition of "intrinsic value" that a recognized government accepts it as their official currency and exchanges bail bonds for it?
That's incredibly arbitrary.