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Game Theory: What is a Minecraft Emerald WORTH?
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Game Theory: What is a Minecraft Emerald WORTH?
  • Published_at:2020-02-01
  • Category:Gaming
  • Channel:The Game Theorists
  • tags: minecraft minecraft emerald minecraft emeralds minecraft villager minecraft trading minecraft theory minecraft world minecraft diamonds minecraft gold minecraft ruby minecraft village and pillage village and pillage minecraft story mode minecraft survival economics currency minecraft economics minecraft currency.game theorists game theory matpat game theory minecraft
  • description: SUBSCRIBE to never miss a Theory! ► http://bit.ly/1qV8fd6In 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! Get the game here ►► https://www.minecraft.net/ Need Royalty Free Music for your Content? Try Epidemic Sound. Get A 30 Day Free Trial! ► http://share.epidemicsound.com/MatPat SUBSCRIBE for Every Theory! ►► http://bit.ly/1qV8fd6   Hang out with us on GTLive! ► http://bit.ly/1LkSBnz #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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2020-02-04 1,735,582 101,071 6,573 (Australia,#20)