Game Theory: What is a Minecraft Emerald WORTH?

Game Theory: What is a Minecraft Emerald WORTH?

Channel:
United States The Game Theorists
Subscribers:
19,600,000
Published on ● Video Link: https://www.youtube.com/watch?v=uY1xjPHAXbM


Minecraft
Game:
Minecraft (2011)
Duration: 16:56
8,308,658 views
249,841

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In Minecraft's recent update to the Villager trading system, they stopped with their randomly-generated prices and started setting a standard. Well Theorists, give me a consistent standard and I will give you a theory! This is the key to figuring out the economy of the Minecraft world - or at least the value of all the good we've been trading all these years. The most curious, to me, were the emeralds. How much is an emerald worth in Minecraft - and how does that potentially RUIN Minecraft's whole economic structure? Let's find out!

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#Minecraft #Emeralds #MinecraftEmerald #MinecraftLore #Econimics #MinecraftWorld #Enderman #MinecraftTheory #Theory #GameTheory

More THEORIES:
The Tragedy of Minecraft's Sunken Tomb ► https://youtu.be/EJL13Bl9gS0
The History of Minecraft's Underwater Gods ► https://youtu.be/hHPLAItTLiA
The Tragic Story of Minecraft's Zombie Pigmen ► https://youtu.be/jxU0UalndcI
Minecraft, STOP Punching Trees!  ► https://youtu.be/dLgdbbeXkbk
The Lost History of Minecraft's Wither ► https://youtu.be/m-Rmg5AYf8I

Credits:
Writers: Matthew Patrick and Zach Stewart  
Editors: Tyler Mascola, Alex "Sedge" Sedgwick, and Marc Schneider  
Assistant Editor: AlyssaBeCrazy
Sound Editor: Yosi Berman

Sources:  
https://i.redd.it/r7aecqvkhhu21.png 
https://www.payscale.com/research/US/Job=Farm_Worker%2FCrop_Field/Hourly_Rate
http://www.singhalinternational.com/tvalue.htm
https://minecraft.gamepedia.com/Trading/Before_Village_%26_Pillage
https://www.econlib.org/library/Enc/GoldStandard.html 
“Chapter 1: How Money Works.” Dave Barry's Money $Ecrets: like, Why Is There a Giant Eyeball on the Dollar?, by Dave Barry, Random House Large Print, 2006.



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Tags:
minecraft
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Other Statistics

Minecraft Statistics For The Game Theorists

The Game Theorists presently has 343,754,046 views for Minecraft across 56 videos, with the game making up 19 hours of published video on his channel. This is 9.70% of the total watchable video for Minecraft on The Game Theorists's YouTube channel.