Cryptocurrency Q&A
How are exchange values measured?
How are exchange values measured?
Sat Jan 11 2025
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7 answers
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I'm trying to understand how exchange values are measured. I want to know the criteria and methods used to determine the value of different currencies when they are exchanged for one another.
7 answers
Sun Jan 12 2025
Despite this preference, labour-hours and prices are interconnected.
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Sun Jan 12 2025
Exchange values can be quantified in terms of average labour-hours.
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Sun Jan 12 2025
This method of measurement is distinct from pricing, which utilizes money-units.
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Sun Jan 12 2025
Both concepts play significant roles in capitalist work processes.
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Sun Jan 12 2025
In everyday transactions, prices are generally considered more convenient.
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