I considered deleting the post, but this seems more cowardly than just admitting I was wrong. But TIL something!

  • CileTheSane@lemmy.ca
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    8 months ago

    Utility is irrelevant to the statement “an infinite number of $1 bills is worth the same amount as an infinite number of $100 bills.”

    • PotatoKat@lemmy.world
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      8 months ago

      What is worth? Would you rather have 500 1s or 5 100s? You already said you’d take the 100s, why? I would take the 100s because I personally value the convenience of 100s more than the 1s, so to me, a single 100 is worth more than 100 1s. Worth doesn’t need to imply the monetary value of the money.

      The convenience/utility makes the 100s worth more even if they’re both valued the same