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by chillacy 1701 days ago
You use the word "value" in this comment to mean something different than the market price, but the definition isn't obvious to me. Maybe it's your personal values?
1 comments

It's called utility and it's the reason why we buy anything.
> it's the reason why we buy anything

You say it's 'the reason' which I'm not sure means 'the only reason' or 'a reason'.

If it's the former: How will crypto, let alone any collectable or sentimental item fit into this framework?

If it's the later, then yes, but utility varies by recipient and then there are other factors which play into price, especially in the short term.

What's the utility of paper money?