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Re:Are You Trading or Gambling? by IgorPartola on Saturday February 27, 2021 @12:22PM (#26286304)
I find that to be a somewhat reductionist view. First, some things have a fundamental energy cost. Food is one example. You can’t value food for free even if we agree to, because it takes kWhs to produce it and they have to come from somewhere. I guess you could say your life isn’t worth the cost of the food to sustain it and stop eating it, but not many will do that.

Second, you have natural scarcity: truffles are not commonly available. How much you want to eat them may put a ceiling on the price, but again there is also a floor below which no amount of energy would bring you more truffles.

Re:Are You Trading or Gambling? by tekknik on Sunday February 28, 2021 @08:49AM (#26293386)
The difference being one is the laws of physics and the other is artificially man made, doing nothing.
Re:Are You Trading or Gambling? by IgorPartola on Sunday February 28, 2021 @01:05PM (#26295425)
How about Helium? It is scarce and very useful for scientific research. He-3 is exceptionally rare and is not renewable at any kind of reasonable price. Is that still an artificial price?
Re:Are You Trading or Gambling? by tekknik on Sunday February 28, 2021 @11:36PM (#26299789)
He-3 being natural, and therefor required to follow the various laws that allowed it to come into existence. Energy going into creating something useful. BTC on the other hand is just difficult to control supply artificially.