/biz/ - Business & Finance

[Anonymous No.51132389]

Just what IS value?

[Anonymous No.51132401]

>>51132389
value is a measure of usefulness for an end

[Anonymous No.51132405]

>>51132389
value is a measure of an end's usefulness

[Anonymous No.51132425]

>>51132389
le Jeremy Bentham face
https://en.wikipedia.org/wiki/Jeremy_Bentham#Utilitarianism

[Anonymous No.51132451]

>>51132389
Air, water, food, clothes, shelter, vehicle, cattle, land, fertile virgin young healthy woman, etc.
Start from the bottom of the needs pyramid and go towards the more abstract things like entertainment, religion, belief in God, etc.

[Anonymous No.51132465]

>>51132389
casio

[Anonymous No.51132531]

>>51132389
>what is value?
That's for jews to know and you to find our, GOY!

[Anonymous No.51132599]

>>51132451
>virgin young healthy woman

[Anonymous No.51133293]

value is what bitDAO is bringing to the market by supporting the builders of the decentralized economy, and funding multiple entities with the goal to accelerate web3 mass adoption

[Anonymous No.51133327]

holy shit lmao at the responses in this thread... and this is supposed to be a business/finance board...
value is exchange value.
something may be valuable to you as an individual, that's cool, but for the purposes of market value it is literally just exchange value. how much of x can you trade 1 y for.

[Anonymous No.51133350]

>>51132389
Our collective frenship.

[Anonymous No.51133354]

Read the contemporary Marxist analysis. it's actually incredible how in depth they get on capitalism in the world- market.

[Anonymous No.51133374]

>>51133354
>labor theory of value
debunked

[Anonymous No.51133441]

>>51133374
Value has to do more with what industries are currently leading. LTV is largely discredited but there's so much more than that. Capitalism and how it's specific mechanisms work in accordance with the state's laws, and policies, on the grand scale of the world-market is a complex and fascinating topic.

[Anonymous No.51133484]

Whatever the kikes throw money at apparently

[Jealous No.51133498]

Was the cup fucked up?

[Anonymous No.51133505]

>>51132389
Time.

>>51132401
>>51132405
>>51132425
>>51132451
>>51132465
>>51132531
>>51132599
>>51133293
>>51133327
>>51133350
>>51133354
>>51133374
>>51133441
>>51133484
Low IQ takes

[Anonymous No.51133557]

>>51133505
I don't think you understood the question. You mean time is valuable. Not value bobo.

[Anonymous No.51133568]

>>51132389
value can only be measured in labor
marx was right

[Anonymous No.51133575]

>>51133498
Glowniggers get out.

[Anonymous No.51133629]

>>51133557
Extremely low IQ.

Value is a measure of the time a human being is willing to invest in return for any given thing.

[Anonymous No.51133633]

>>51133505
low EQ take

[Anonymous No.51133640]

>>51132389
Imagine you have a pen. A blue pen.

Now, imagine you're a writer.

And you have paper, ok?

But you don't have a PEN.

That's precisely the problem.

Now go fuck yourself.

[Anonymous No.51133664]

Things you put in effort to get/achieve

If you work your ass off I order to buy something you want then you value that

If someone gives you that without having to work for it you won't value it as much

I learned this from a young age playing videogames. Finishing the game was more fulfilling than just getting the cheat codes to unlock everything

[Anonymous No.51133737]

>>51132389
it's what other people WANT

[Anonymous No.51133753]

>>51133629
The only thing that determines value is how many people want to buy a product and how much of a monopoly the business might have. Everything else is irrelevant cope.

[Anonymous No.51133761]

>>51132389
being yourself, i'm told

[Anonymous No.51133786]

>>51133753
Not true. You may have a particular interest in something that there is no other demand for. You assign a greater value to that thing than anyone else. This is because you will invest more time in the pursuit of it than others.

[Anonymous No.51133863]

>>51133786
This is business and finance were not talking about sentimental value

[Anonymous No.51133891]

>>51132389
Excellent question good ser!
Do not ask anyone who is complaining about student loan help going on. They will seethe in the most unimaginably see-through ways showing that pulling oneself up by one's bootstraps is not an idiom they truly believe in. They are simply privileged and whining now. Absolutely hilariously sad!

[Anonymous No.51133917]

>>51133505
This gentlebear has the correct answer, fwiw.

[Anonymous No.51133933]

>>51133354
i ate a lot of bread, so this shit was rEEEAlly hard to squeeze out.
That'll be $1,000.00, sir.

[Anonymous No.51134008]

>>51133863
You're too young to post here.

>>51133917
High IQ.

[Anonymous No.51134053]

>>51134008
I'm already aware that I'm a dumbass but you're an even bigger dumbest

[Anonymous No.51134080]

>>51134053
>Screenshot_20220827-220200_Samsung Internet.jpg

[Anonymous No.51134205]

shut down this thread right now

[Anonymous No.51134312]

>>51132389
value is the degree of harmonious arrangement of sacred geometry and energy (Love and Light) relative to the One absolute primordial thought distortion, know thyself

[Anonymous No.51135140]

First step is not confusing price and value. Some things are valuable even if you get them for free or easily. Has to do with scarcity, more on that later.

A products economic value is essentially just how USEFUL it is to someone. How much benefit/utilization they can derive from it, taking price out of the equation.

Benefit/usefulness includes things like pleasure, enjoyment, security, inspiration, decoration, social status signaling, numismatics, potentiality, and other more abstract measures of benefit.

A house has value whether you get it for free or you paid for it, since you can derive a lot of use from it. Shelter, leisure, storage, logistics, privacy, etc, etc.

Where SCARCITY and VALUE intersect (essentially via supply&demand function), you get the price or market value, i.e. how much are people willing to pay for the item and how easy is it to acquire or produce.

[Anonymous No.51135660]

>>51134205
No.

[Anonymous No.51135685]

Value is perceived.

[Anonymous No.51136184]

>>51135685
Value is time as fellow high IQ anon >>51133629 stated. Simple as. I shudder to think what some of you do for a living. I expect many in prominent positions do not understand the topic. Failure to understand it is failure to understand Bitcoin thoroughly, by extension. It's a great question from OP and I hope they understand value now. The majority in this thread have missed the mark.

[Anonymous No.51136200]

the friends we made along the way

[Anonymous No.51136221]

>>51135660
jewish milkers

[Anonymous No.51136307]

>>51136200
The only true answer.

[Anonymous No.51136314]

Labour.

[Anonymous No.51136410]

>>51132389
It’s what you get

[Anonymous No.51136580]

>>51132389
sexy women and things that help you get them

[Anonymous No.51136598]

>>51132389
How much of other things you can get in exchange for something.

[Anonymous No.51136690]

>>51132389
It's subjective, and really depends on the self-organizing system we're talking about and its valuations acconding to the context said system lives in.

[Anonymous No.51136694]

>>51132389
It's a quality of consciousness that gets projected by an agent onto things for various reasons such as the thing has utility or sentimental value or because the government uses fiat and force to declare that the thing is needed to pay taxes.

[Anonymous No.51137390]

>>51132389
confidence. how much value something has is a measure of how much confidence yourself and other people have in it.
>>51132451
these are measures of different types of confidence. obviously alot of people put their confidence in the value of things like air and oil, gold, water.
>>51133505
time is another measure of confidence. like when you see a young child you have more confidence in believing that their whole life is ahead of them, compared to somebody who is old your confidence therefore value in what they can now do is much less.
>why does bitcoin have value?
answer this question and you will answer the whole of crypto and the financial world. none of you low iq niggers can top this

[Anonymous No.51137402]

>>51132389
value is black bull semen for young white country girls. every drop is precious

[Anonymous No.51137435]

>>51132389
The third Triagon was born of Death. It saw that the world was radiating excess energy. It wanted to put great things into motion. But greatness wasn't possible without value. The first transaction.

It took its blade and cut a large hole into the boundary, creating a sudden flash of high volume transactional power. And just for a moment things seeped value into themselves, assuming souls. The second transaction.

The hole was quickly mended, and the overpowering transmission of value was cut short. But in that moment the seed of primordial financial might was planted, and the world took on its transactional form. Conflict and discord emerged, and the third Triagon was ecstatic. The third transaction.

[Anonymous No.51137471]

>>51132389
it's what anons crave

[Anonymous No.51137490]

>>51132425
looks like jeremy clarkson mixed with ben franklin

[Anonymous No.51137495]

>>51132389
Anything that people want. The basis of capitalism is that if you specialize in producing or doing one thing others want, you will become better than others, produce more/better/easier than others, and trade with people who produce or do their own things that you want.

[Anonymous No.51138974]

>>51137471
Based