Malthus vs Free Market vs Credit Money - Daily Live 1/6/23 | E295
Bitcoin & Markets
00:00
Are You Free to Value Things?
It's the value that it creates for the market that determines whether it's really truly an innovation. And ultimately that value is determined subjectively, because there's no objective way of determining what is and is not valuable. But there is a subjective way, which is people are free to choose it. If they like it, they give up real resources that they could use elsewhere in order to get it.
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