>Okay, how about you give me $1000 and I'll pay you back when I die. I'm good for it, I promise.
I have no reason to trust you.
>The time value of money is so fundamental, and so obvious, that you must be being deliberately obtuse to not understand it
No one's saying time doesn't have monetary value, it's a variable many businesses depend on, but that shouldn't mean you simply get to do the direct conversion and sidestep creating meaningful longterm value and make it more difficult for those without money to get anywhere without being under your thumb.
I have no reason to trust you.
>The time value of money is so fundamental, and so obvious, that you must be being deliberately obtuse to not understand it
No one's saying time doesn't have monetary value, it's a variable many businesses depend on, but that shouldn't mean you simply get to do the direct conversion and sidestep creating meaningful longterm value and make it more difficult for those without money to get anywhere without being under your thumb.