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money theorem – 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 money theorem – 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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]]> Putting an End to the Bitcoin Store of Value Fallacy https://www.digit.info/putting-an-end-to-the-bitcoin-store-of-value-fallacy/ Sun, 05 May 2019 22:10:04 +0000 https://www.digit.info/2019/05/05/putting-an-end-to-the-bitcoin-store-of-value-fallacy/ Read more]]>

Over the last few years, many have claimed that bitcoin core (BTC) has turned into, or will soon become, a store of value (SoV). Proponents of the BTC-based SoV theory seem to think that money can somehow store value and if it’s held long enough, the price will be higher or predictably useful when spent […]

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