Recent content by Martyjopson

So if gold has an intrinsic value, why does the value change? If it had an intrinsic value that would be invariant as it was defined by the internal and intrinsic worth (or value). It has intrinsic usefulness but how we value that depends on who we are and what system of value judgement we...

The question at hand was, I believe, about the status of a cryptocurrency as a "currency" rather than a form of "money". Which is an interesting but entirely semantic question. I don't buy that the value of gold is not "made up". Even if you can make something from it (or throw it at people) -...