Hacker News new | ask | show | jobs
by samarama 1611 days ago
That has nothing to do with its value.

It’s value is in how robust it’s value it is. It isn’t robust at all and has lost 30% or more of its value since the start of the pandemic if you look at commodities.

2 comments

So, in your eyes, value is proportional to the rate of change of value?

I plugged it into Wolfram Alpha and it showed some solutions. Some go up to infinity and some go down to zero. So the first guy was right after all!

Value is a function of supply and demand. Taxation is guaranteed demand, so it does affect value.