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by baggy_trough 1609 days ago
How is that not an answer to the question you posed about crypto?
1 comments

Labor has no value?
Do you mean, it took more labor to create the hundred dollar bill?

In any case, my point is that the value comes from the societal relationships that invest the asset with value, not the physical nature of it.

> Do you mean, it took more labor to create the hundred dollar bill?

No, I mean the labor of the workforce of the nation.