@soapjackal Can you think of any other things that have held value over the long-term without any intrinsic value?
-
-
@HbdNrx 'you need it store some value' is an admission that you are using an intrinsic value in the ECONOMIC sense. -
@soapjackal I'm not sure how you're using "economic". I've explained (linked to) my accepted definition of intrinsic here. -
@soapjackal like I said, that's not my use of intrinsic -
@HbdNrx your definition has very little relation outside of stocks
End of conversation
New conversation -
-
-
@soapjackal that's incorrect about gold--it does have a nonzero (and even rather high) intrinsic value
End of conversation
New conversation -
-
@HbdNrx the values that are why it was rated at any number in USD are because of the very properties it listed. It has value. -
@soapjackal it has value based on misconceptions of intrinsic value, such as the idea that the properties you've listed give it real value -
@HbdNrx the properties I listed are the traits of gold that give it real value
End of conversation
New conversation -
-
-
@HbdNrx saying its just perceived off hand isnt really an arguementThanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
@HbdNrx@soapjackal Yeah, if another implementation supplants it in practice, it won't have value anymore.Thanks. Twitter will use this to make your timeline better. UndoUndo
-
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.