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>>2499748 575 posts and 153 image replies omitted.>>2502247here's a question for all the scholars on leftypol:
(X) has $1
(Y) has $2
who is richer? (X) or (Y)?
>>2502187>>2502215>>2502219What they're saying is that money's value is in it's ability to be exchanged with goods.
If you never exchange the money, then you'd be like a homelessman who has no money to exchange.
Of course in the real world, this never happens, people atleast will exchange their money for their basic needs, and the yearly debts/taxes they have to deal with.
To put it in another way: if you never use it, it'd be like burning it, since it's not being circulated back into the economy.
>>2502253youre literally typing more to me 🤣🤣
fell fir it again award 💀
>>2502259keep giving me (you)s, professor
(and youre definitely not mad btw)
>>2502255what is a greater quantity? 2 or 1?
>>2502260yep
>>2502265i thought you werent falling for my bait?
why do you keep replying? 🤔
>>2502266its your choice to be entertained by me 😛
log off if you dont like it
>>2502264The question isn't quantity, it's usage.
If you're a vegan trapped in a meat store, and you choose to starve yourself to death, that isn't because there was nothing to substantiate yourself, it's just that you weren't using it.
>>2502277quantity is surely a prerequisite of usage, no?
>>2502278okay - so $2 is more than $1
having more money = being richer
being richer = possessing more wealth
>>2502280BROOO🤣🤣😭😭
your claim to fame is literally a long-winded blogpost. wym you type less? 💀 why you keep replying anyway? im bored of you.
>>2502281fr fr no cap lil bro
more skull emojis please
im fascinated by GenZ retardation
>>2502279But that's not what the hypothetical was.
The hypothetical was a mythical millionaire that never uses their money, so they'd live like someone who doesn't have millions of dollars.
It's not as comparable, but think of Frank from Always Sunny, he's loaded but lives in squalor since he doesn't want to use his fortune.
(Of course in this example, he always has ability to stop, which this hypothetical isn't accounting for)
>>2502289bro ur literally a namefag 💀
stfu lil bro
>>2502301mods are coin flippers
sometimes the cringe disappears
sometimes it is archived for eternity
>>2502300yes, namefaggots are cringe
what is this boomer reverse own attempt? 🤔
>>2502112>Crypto has 0 utilityI can buy drugs on darknet markets with it
>>2502154>I'm saying it's a high risk investment with much less guarantees than investing in stuff guaranteed by the big bad government, but you guys are convinced its the oppositeI'm not saying that at all. you only need to look at the wild swings in the price of crypto to see that it's not a very stable investment. what I'm saying is that despite this crypto still has value, because it takes labour to mine it. the bits themselves have value because of this
>>2502154>The value of the Labubu is the IP, the brand recognitionthat's not what value means in Marxian terms
>>2502156>THE VALUE IS THE UNDERLYING ASSETS!then you're talking about the asset, not the paper itself. I've already made this argument with my soup analogy
>>2502158>>self-employed people CANT make profits><profit didnt exist before capitalism>no commentif you want to use different terminology from what Marx uses, be my guest. but these are the terms Marx uses. profit is specifically that part of the revenues that comes from bourgeois property rights. it is distinct from wages and rent. again, revenue and profit are not the same thing
>your claim is that BTC is a capitalist commodity that exists to create profits for business owners, so im curious about logisticsyou can look up the inner workings of crypto miners if you like. it boils down to labour though, like all things
>what sets the exchange ratio between currency?many things
>>2502344labubu based economy
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