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RE: All Values Are Intangible

in #news8 years ago

Thank you for sharing! While I agree on a certain level regarding what you said about the value of objects, value can be determined in many ways. Diamonds and coal may be similar in term of molecules, but Diamonds are condensed under immense pressure, making them extremely durable. Diamond is used on the tips of many drills too, making it valuable.

The factors of value are made up of demand of course, but value then correlates with that supply of something. Then, we must look at value As a factor of use cases too. Cryptocurrencies have outstanding use cases that people demand, and are limited in supply, which explains their value adequately.

Thanks for sharing!