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Labor, Value, Metaphors, Locke, Intellectual Property

From a facebook post by David Veksler:

There is no such thing as “intrinsic value” in economics. Value exists only in the eyes of the beholder. The concept of “value” is made possible by being valuable to a specific person, for a particular purpose. The only thing in the universe that is intrinsically valuable is human beings.

TLDR: Stop with nonsense like “Bitcoin has no intrinsic value”

My comment (lightly edited here):

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