• Cuttlefish1111@lemmy.world
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    7 months ago

    Oh I thought there was a scientific method which calculates the value. I didn’t realize it was created out of thin air

    • TropicalDingdong@lemmy.world
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      7 months ago

      This is something to learn. All value is created out of thin air.

      Or another way of putting this, is that a price only exists when someone is willing to pay it.

    • stoly@lemmy.world
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      7 months ago

      Ostensibly there are methodologies to do this properly but really you can say whatever you want.