RE: Your Subjective & Objective Metrics For Measuring Value
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I still insist value is subjective. A universally accepted metric doesn't put a stamp on what value is. It's all perception and I'm not being sentimental. Also consider that not everyone that owns a $800 worth laptop have the smarts or luck to learn a skill or do something with it that'll obtain recurrent value for money. The $800 gown if owned by a business-minded entity can serve for rental services. Everyone have different approaches to the same things. Even the most mundane things can be valuable (and yes, monetarily) to some people.
Great post buddy. Why not give me a follow :-)
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A universally accepted metric can, just like the dollar is measured to be the Means of exchange and store of wealth. So, it definitely can. And, being able to afford a laptop of $800 gives it purpose automatically. When people decides to spend to buy, they automatically find ways to extract value, unless there's no value in what they're buying. An example is how Elon musk is trying to monetize Twitter to a 100% because he paid $44B for it.
You got me at the first paragraph. But don't forget dollar is a measurable and tangible form of value.
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