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Author Topic: Anarcho communists discover the SToV  (Read 4276 times)
Seth King
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« on: November 03, 2011, 04:44:53 AM »

I just finished reading an online zine at an AnComm website that had an article on Bitcoins. In it they write that "the value of Bitcoins are determined by what people are willing to pay for them."

I grinned nice and big.  Grin
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Freya
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« Reply #1 on: November 03, 2011, 05:04:53 AM »

I just finished reading an online zine at an AnComm website that had an article on Bitcoins. In it they write that "the value of Bitcoins are determined by what people are willing to pay for them."

I grinned nice and big.  Grin

So can we conclude that, like most people, they haven't figured out that this counts for all fiat money?   Grin



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David Giessel
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« Reply #2 on: November 03, 2011, 12:40:21 PM »

But what of Marx!?

That's awesome. Good stuff Seth :-)
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« Reply #3 on: November 03, 2011, 10:42:56 PM »

Aren't they also in a way accepting the truth of subjective value?
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Seth King
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« Reply #4 on: November 03, 2011, 10:51:58 PM »

Aren't they also in a way accepting the truth of subjective value?

Absolutely!
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JustSayNoToStatism
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« Reply #5 on: November 03, 2011, 11:28:26 PM »

Aren't they also in a way accepting the truth of subjective value?

Absolutely!
Ah, but they're only saying it for certain things. I bet they'd say something like: "Bitcoin is based on subjective value, but my food and healthcare and labor have inherent value." It is funny though to think that they stumbled upon subjective value without even realizing it. Probably through their own thought too. If they weren't worshiping Marx, maybe they'd expand subjective value to encompass other things as well.
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Seth King
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« Reply #6 on: November 04, 2011, 12:32:43 AM »

Aren't they also in a way accepting the truth of subjective value?

Absolutely!
Ah, but they're only saying it for certain things. I bet they'd say something like: "Bitcoin is based on subjective value, but my food and healthcare and labor have inherent value." It is funny though to think that they stumbled upon subjective value without even realizing it. Probably through their own thought too. If they weren't worshiping Marx, maybe they'd expand subjective value to encompass other things as well.

They'll figure it out.
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JustSayNoToStatism
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« Reply #7 on: November 04, 2011, 01:42:27 PM »

Aren't they also in a way accepting the truth of subjective value?

Absolutely!
Ah, but they're only saying it for certain things. I bet they'd say something like: "Bitcoin is based on subjective value, but my food and healthcare and labor have inherent value." It is funny though to think that they stumbled upon subjective value without even realizing it. Probably through their own thought too. If they weren't worshiping Marx, maybe they'd expand subjective value to encompass other things as well.

They'll figure it out.
I hope so. If we added our number of people to the number of ancoms, we would have a lot of influence.
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"I like to eat. Instead of a monarch I propose we have a Chef be final arbiter in matters. We'll call it anarcho-chefism."
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