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RE: What Is Financial Value?

in #economics6 years ago

I agree with every word in your well explained video.
Value is a level of appreciation.
It is a subjective feeling; it exists everywhere all the time and it is different for each one.
For example, most people are not satisfied with their salary, they value their contribution more than their employers who think they pay more than deserved.
Financial value is also subjective and it is different from the price.
The price is an objective fact and if something delivers value to someone, he will pay its price (or not if he has not enough funds to cover the price but still accept it as valuable for him).
(The coins and papers in your video don't have an intrinsic value but they are a tool to exchange things such as goods or services).
The value of this awesome platform is in teaching people about Crypto currency while earning money for their contribution to the community.
This means a financial value for some of us, when trading time for money.
Thanks for your article.