... where "market value" is sticker price adjusted for liquidity
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hard to do + easy to verify is the root of p/np in cs as well
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Yup, and not a coincidence
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this makes colony io task credits proof of work verified by proof of work :D
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That's an interesting analogy. But here both verifier and prover solves same problem. It is just that prover solves it many times
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This is only good definition of market value if there are no reputations involved. Hard to test can have huge market value, eg ceo pay
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Another way to say that, it is only a good measure of institutions are weak. The market for lemons when solved by institutions go against it
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