I can see that. But it's not like a pyramid scheme because there is an actual product that is defined by math. The product is formulae, not an "idea" or limitless asset. Now, to your point, what determines value? Value is determined by the level of desire people have to obtain an item, regardless of the "actual" value of that item. So by that measure, it might end up totally worthless one day. But it is a hard asset and not "imaginary" like paper money, for example.

I can see that. But it's not like a pyramid scheme because there is an actual product that is defined by math. The product is formulae, not an "idea" or limitless asset. Now, to your point, what determines value? Value is determined by the level of desire people have to obtain an item, regardless of the "actual" value of that item. So by that measure, it might end up totally worthless one day. But it is a hard asset and not "imaginary" like paper money, for example.

I can see that. But it's not like a pyramid scheme because there is an actual product that is defined by math. The product is formulae, not an "idea" or limitless asset. Now, to your point, what determines value?

Value is determined by the level of desire people have to obtain an item, regardless of the "actual" value of that item.

So by that measure, it might end up totally worthless one day. But it is a hard asset and not ephemeral like paper money, for example.