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Frank Shostak – DIGIT INFO https://www.digit.info Bookmarking Crypto Insights Tue, 14 May 2019 19:30:24 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.digit.info/wp-content/uploads/2024/07/cropped-61589-32x32.png Frank Shostak – DIGIT INFO https://www.digit.info 32 32 Our Value of Money Is Subjective But That Doesn’t Make It Meaningless https://www.digit.info/our-value-of-money-is-subjective-but-that-doesnt-make-it-meaningless/ Tue, 14 May 2019 19:30:24 +0000 https://www.digit.info/2019/05/14/our-value-of-money-is-subjective-but-that-doesnt-make-it-meaningless/ Read more]]>

Why People Value Money and How Ends Are Not Set ArbitrarilyIn my last op-ed, I discussed how the value we place on items and goods is subjective based on Carl Menger’s Subjective Theory of Value and how these concepts apply to people’s perception of value with things like fiat, gold, and bitcoin. The post outlined the idea that money cannot serve as a store of […]

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