Comment on Just 137 crypto miners use 2.3% of total U.S. power — government now requiring commercial miners to report energy consumption

<- View Parent
snooggums@kbin.social ⁨9⁩ ⁨months⁩ ago

Pants can be what keeps you from freezing to death and going to jail.

Can be, but pants do not have inherent value in the context of a tropical climate where freezing is not an issue and nudity is allowed. They have contextual value.

Food does not have inherent value, it scales with availability and demand. An excess of apples that will spoil before they can be processed into something that can be consumed do not have inherent value.

This is important because while money's value is far more volatile, the argument that material goods have inherent value as a comparison is flawed.

source
Sort:hotnewtop