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by conanbatt 4504 days ago
That people are willing to pay for something does not indicate value. The same old story of price vs value. The last finantial crisis is a great example of being able to sell something without(or lesser) value. Value is a great market, but it is not directly proportional to value.

Another example, is that if you are sick and about to die, the value of the cure for you is infinite, so you would pay everything you have an everything you will ever have if you had to. Value != Price.