3min chapter

The "What is Money?" Show cover image

Symbolic World of Christianity and Bitcoin with Jonathan Pageau (WiM098)

The "What is Money?" Show

CHAPTER

What Is Value?

i see value as those things which will lead you towards the ultimate goal, right? Which is something like freedom, something like salvation. And so i think that that's what makes something valuable. Now, that's inan kind of objective way, but then those mechanisms of alue can also be applied to other things,. Like a gooche bag is not made any better than a bag that you'll pay ten % of the price for. But because it has installed itself in a hierarchy of desirability, by people who want to imitate each other, then someone is willing to pay that gooche bag becomes very valuable in order to exist in that hierarchy. I mean, it, it

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