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by inigyou 7 days ago
Did you reply to the wrong comment by mistake?
1 comments
twoodfin 7 days ago
What would that $500 not being “extracted from the value chain” look like?
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inigyou 7 days ago
It would either be passed along the chain or it would not enter the chain.
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twoodfin 7 days ago
Seriously, what does “passed along the chain” look like in your example?
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inigyou 6 days ago
Given to the people who create the value.
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twoodfin 6 days ago
How is that distinct from the labor theory of value? In your model, who’s creating the value other than the labor?
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inigyou 4 days ago
A GPU is worth $10k. When someone brings a GPU into existence it creates $10k of value. What is needed to bring a GPU into existence?
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