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by coldcode 1912 days ago
Everything is valued economically at whatever people will pay for it. But true value is independent of the price. Van Gogh sold almost nothing in his short 10 years of producing and killed himself because he thought he had no value and didn't want to burden his brother (he had some mental issues of course). Now his art is priceless. Value changes over time, things that people truly love will go up over time, things that have no real "value" will go away. Most of the "art" NFT's I've seen have no real appeal beyond a few minutes; I would happily take the money though if people offered it, but not feel any real value was traded for it, so it would seem less than rewarding other than the money.