#867 The Idea of Value - Patrick Bonello & Tor Roxburgh
So, a bloke spent his life savings buying some pretend land in the metaverse. If he’s happy with his ‘investment’, does that mean he got a good deal? Maybe my idea of ‘crazy’ is his idea of prudent market speculation. And down the track we might discover that he was the smart one, when another investor buys it from him for double! But what is value anyway? Is it about the objective ‘thing’ or is it about our subjective assessment of what we think that thing is worth? And could floating cities be one of the answers to rising sea levels (it’s happening)? And what about the Webb telescope that…
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