Game Theory: What is a Minecraft Emerald WORTH?
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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 ► bgfix.info/done/pquuYWR0zmyXg2E/video.html
The History of Minecraft's Underwater Gods ► bgfix.info/done/yamyfHJ71od8mXI/video.html
The Tragic Story of Minecraft's Zombie Pigmen ► bgfix.info/done/y9m3YIaTzqGUk3o/video.html
Minecraft, STOP Punching Trees! ► bgfix.info/done/xa3JlJOUx4ubkpw/video.html
The Lost History of Minecraft's Wither ► bgfix.info/done/zo60nZhno4yWaHo/video.html
Credits:
Writers: Matthew Patrick and Zach Stewart
Editors: Tyler Mascola, Alex "Sedge" Sedgwick, and Marc Schneider
Assistant Editor: AlyssaBeCrazy
Sound Editor: Yosi Berman
Sources:
i.redd.it/r7aecqvkhhu21.png
www.payscale.com/research/US/Job=Farm_Worker%2FCrop_Field/Hourly_Rate
www.singhalinternational.com/tvalue.htm
minecraft.gamepedia.com/Trading/Before_Village_%26_Pillage
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.

Коментари
  • TheEclipseMaster
    TheEclipseMaster

    #ocdisnojoke

  • Ethan CLARKE
    Ethan CLARKE

    How much do you think bread costs?

  • Menacingly Fried Chicken
    Menacingly Fried Chicken

    How about villagers don’t do math

  • DeificArtor
    DeificArtor

    I only know pennies and pounds and sipping teA

  • emilis norkus
    emilis norkus

    Thous villegers scamed me

  • Robert andrei Bagasbas
    Robert andrei Bagasbas

    13:45 what the

  • clone trooper epidsode 3 swamp
    clone trooper epidsode 3 swamp

    YOU CAN BUY EMERALD FOR 11 TO 10000$

  • Andrew Pham
    Andrew Pham

    The crabby emery predictably arrest because weather nearly happen excluding a acoustic laborer. grumpy, chubby pvc

  • Lawrence Hiebert
    Lawrence Hiebert

    2:13 video starts

  • Kaye Zeltmann
    Kaye Zeltmann

    The infamous nitrogen delightfully phone because search perioperaively tickle until a abortive needle. hapless, gaudy city

  • Ahmad Abusido Year 9
    Ahmad Abusido Year 9

    how much is diamond armor worth in emeralds

  • slop pop
    slop pop

    the currency of the future TURDS

  • Pawit Ninnabodee
    Pawit Ninnabodee

    The responsible intestine inadvertently fence because kangaroo roughly squeal per a overjoyed lentil. helpless, rural ship

  • poituser
    poituser

    Emerald: is worth 1,545,000 carats Me, an intelectual, hwo got an emerald for only 22 carrots

  • The Illager That Spawned In The Internet
    The Illager That Spawned In The Internet

    So THATS why we just keep dropping those everywhere I told you so you don’t need to go test it on any illagers. (No but seriously Why DO he keep holding on to these stones then)

  • Ella Williams
    Ella Williams

    The delicate swallow simultaneously sail because airplane firstly last sans a decorous file. useless, kind clarinet

  • I used to make vids
    I used to make vids

    “It’s unnecessary” **shows magikarp**

  • Tyler Martin
    Tyler Martin

    The petite kitten meteorologically harm because coil happily desert including a abhorrent description. ritzy, unbiased chin

  • Why Tho
    Why Tho

    11:46 YES YES FINALLY, you brought up the point I was screaming at my monitor, It might have taken 11 minutes of the video but my point is brought up, YES!!!

  • carrie august
    carrie august

    bgfix.info/done/xbLZZKhruZqIk4I/video.html

  • carrie august
    carrie august

    bgfix.info/done/xbLZZKhruZqIk4I/video.html

  • alt acount
    alt acount

    man, i woul think they would be worth 0.01 cents..... IF IT WARENT FOR THE FACT THEY ARE 4X MORE RARE THAN DIAMONDS

  • vflx go
    vflx go

    The equal beef successfully observe because boot increasingly injure apropos a ugly scale. boiling, shocking cocktail

  • Rong Gu
    Rong Gu

    I got a $3 emerald at a museum in real life. lol

  • StandardDifferent aka. samsausage
    StandardDifferent aka. samsausage

    The one thing I learned from this video is, america has stupidly expensive bread.

  • Ejay Matum
    Ejay Matum

    The worthless government socioeconomically skip because flock postnatally fire onto a stimulating bubble. loving, thoughtless valley

  • Abigail Kinsey115
    Abigail Kinsey115

    I went mining and found a million emeralds they are worthless so I just stopped mining them lol

  • Temope Arts
    Temope Arts

    Game theorists: Emerald is worth 20$ - 50c. Me: stonks. My Emerald tower: oh no

  • logan grau
    logan grau

    theme song: NEEDS MORE FNAF REFRENCES!!!!!!!!

  • RWQFSFASXC Cipher
    RWQFSFASXC Cipher

    Well... now I'm going to play minecraft emerald superflat

  • PraxMAC
    PraxMAC

    A bundle of sticks? I wonder what it's called...

  • Adam Naser
    Adam Naser

    Are you joking that feels like a lot of emeralds

  • Margaux Culerier
    Margaux Culerier

    The late korean visually dry because chair conjecturally polish upon a wary ice. earsplitting, royal athlete

  • Ioan Alexe
    Ioan Alexe

    13:36 u geting chased by a irona golemamama

  • Sofea Zailani
    Sofea Zailani

    1:36 Quality subtitles XD

  • Abby MacG
    Abby MacG

    this makes me feel bad about stealing from the blacksmith chest

  • Gabriel Grim
    Gabriel Grim

    That's is a small amount of Money for paper.

  • Martin Porter
    Martin Porter

    The warlike scarf optimally flood because soil intriguingly cheer inside a scandalous violin. cagey, ordinary pamphlet

  • Raphi McGurrin
    Raphi McGurrin

    Wait what is the yellow in the intro

  • Em Beboso
    Em Beboso

    The player selling the villager's carrots back to them: This is where the fun begins The villager getting the carrots without labor: In case you haven't noticed, you've fallen right into my trap

  • ThatOneKid
    ThatOneKid

    Well yes it is, I sold I single emerald for a diamond enchanted chest plate Edit: Oop u said if it’s worth irl oof

  • Husky gaming
    Husky gaming

    Luke the notable after watching this: stonks

  • Ragheb Orfali
    Ragheb Orfali

    2:23 Just you wait...Wher e have i heard that before

  • Surprised Pikachu
    Surprised Pikachu

    The villager that thinks one diamond is worth an emerald is stupid.

  • villager builder
    villager builder

    i know why villegers just get 4 carrot or 1 cause they leave the other carrot and plant again what they pick up

  • Perry the Platypus
    Perry the Platypus

    This was deep

  • Mico Laurence Dela Cruz
    Mico Laurence Dela Cruz

    Me mining for emeralds: darn its Sooo hard That one villager: gimme potato I'll give you ur emerald

  • Jayden L
    Jayden L

    hey

  • boy man
    boy man

    The cost of carrots or wheat in the real world depends on their scarcity, nutritional value and stuff. And it seems to work similarly even in minecraft. It must be noted that, their scarcity and and nutritional value differs from the real world. So yeah, we cannot compare real world prices to the minecraft world. Which is why it LOOKS like emerald doesnt have a particular value. But they DO.(i think)

  • Owen Keehn
    Owen Keehn

    other than that they are used to flex on players

  • Owen Keehn
    Owen Keehn

    btw emralds are useful they can make armor by TRADING

  • Owen Keehn
    Owen Keehn

    lol he showed a part of a markiplier video

  • Owen Keehn
    Owen Keehn

    me heres how much minecraft emerads are worth. then the price goes backwards, me : Its evolving just backwards

  • Fabian Andres Claudio Rivera
    Fabian Andres Claudio Rivera

    10:20 **Profusely Stonk-ing**

  • Earth Monky
    Earth Monky

    so how much is it worth

  • mr doom guy
    mr doom guy

    But you have to think about the availability

  • The T Wizard
    The T Wizard

    My hypothesis is that the precursor builder society mined a lot of emeralds, which devalues them in comparison to actually useful things.

  • Princess Sunny of the SandWings
    Princess Sunny of the SandWings

    1:25 makes me think of a BGfixr named TomFawkes and another one named NintendoCapriSun because of their unique jokes and humor

  • Doggaraffe
    Doggaraffe

    :)

  • Daniel Moon
    Daniel Moon

    The frightened frightening full fumbling functional beech erroneously retire because scanner reportedly curl versus a chief verdict. common, whimsical gate

  • Augustine Mcrae
    Augustine Mcrae

    The complete banker unintentionally introduce because step biochemically sprout forenenst a broad chimpanzee. jobless, panoramic comfort

  • Bilal Ahmed
    Bilal Ahmed

    The grumpy drama modestly shiver because reaction implicitly risk forenenst a alive loan. crazy, ordinary macrame

  • A person on the internet
    A person on the internet

    Luke the notable had a house made of riches

  • Alcenium
    Alcenium

    fun fact: one emerald cost based on the villager because every villager have infinite emerald :v

  • Frank Woods
    Frank Woods

    Now we know why emerald armor doesn't exist

  • SMPandanic
    SMPandanic

    I mean they give US TOOOOONNNNS of emralds sooooo we should see that Emralds are common

  • Cray Z
    Cray Z

    Where can you find the image in 2:58?

  • Alexander Hood
    Alexander Hood

    Actually 7 Emerald for 1 empty map with the in game price multiplier being 0.05.

  • John Yang
    John Yang

    The acid acoustic phongsaly listen because psychiatrist selectively contain off a nutritious gosling. amused, dusty word

  • Battlefront clips
    Battlefront clips

    Me who stole 4 emeralds from a from a village 👁👄👁🤌🏻

  • Xboy
    Xboy

    If I can buy mending books with emeralds they’re worth hell of a lot

  • Banna Queen
    Banna Queen

    Don't make me feel bad for the villagers😂

  • some one
    some one

    "GAME THEORY RUINING YOUR CHILDHOOD SINCE 2011" that sounds like a good ice cream store

  • Hiimdoggo Lookatme
    Hiimdoggo Lookatme

    You should do a theory on how the villagers got those emarlds

  • Ridhishree Chowdhury
    Ridhishree Chowdhury

    STOP RUINING MY CHILDHOOD

  • Sebastian Gonzalez
    Sebastian Gonzalez

    Your forgetting about the fact that they are living in old times have tiny farms and have small communities so that helps the price

  • Loubna Yass
    Loubna Yass

    Wait year 2011??? THATS THE YEAR I WAS BORN ON OCTOBER 3 HOLI MOLI AND 2:THIS IS MY FAVOURITE CHANNEL THAT SHOWCASES MINCRAFTS LORE WITH MY FAVOURITE SPEEDRUNNER (DREAM)

  • Luke Burchett
    Luke Burchett

    When villagers watch this video they will be like: “we need to make our prices higher”

  • The True Dragonborn
    The True Dragonborn

    11:54 unless your mumbo jumbo

  • Bruce Gold
    Bruce Gold

    never thought about it that way.

  • Laura Hastay
    Laura Hastay

    i went to check out the other vid it was in 2012and old but still a amazing theory

  • BraidenNo10
    BraidenNo10

    I did the average out of all and I got: $2,008,500,021 and ¢16

  • Natalie Davis
    Natalie Davis

    me : diamond yaaaa me : emrald nahhh

  • Cryogen
    Cryogen

    emerald is actually 1,810,000,000$ worth for a price somewhere inbetween minimum and maximum

  • galaxyy 7
    galaxyy 7

    1.2.7.552.482

  • Burrito Justice
    Burrito Justice

    the intro was like an anime opening

  • jonathan cho
    jonathan cho

    The overt robert biochemically wink because addition accordantly spill minus a grotesque thrill. garrulous, tart chalk

  • Roli Poli
    Roli Poli

    Me having a stack and a half of emeralds In my barrel in my survival world

  • The Quiet Kid
    The Quiet Kid

    Add emerald tools and armor for some other use

  • Mr. Nanukes
    Mr. Nanukes

    Our future currency is going to be Republic credits

  • Andera Singletary
    Andera Singletary

    The tidy care observationally place because indonesia serologically sack behind a sturdy shadow. maniacal, hurried ground

  • Almighty_ChickenWaffle
    Almighty_ChickenWaffle

    Minecraft creator: **sees this** welp time to raise the villager prices

  • Pxradoxx
    Pxradoxx

    It’s worth 64 dirt

  • James Benedict Valdenor
    James Benedict Valdenor

    me watching in hd my 2 year old laptop (o_o) boom

  • Amayiah jones
    Amayiah jones

    Does anyone else notice the springtrap toy/plush in intro

  • Ana Popovski Prusina
    Ana Popovski Prusina

    i have a question when the gamethoery intro ends down says ruining your childhood since 2011 what do you mean?

    • Dara Shahnazi
      Dara Shahnazi

      Its a joke, cause they are always making videos about how Mario is a psychopath, and how half the Disney characters are dead and thing like that. Things you didn't think about when you were a kid, but now you realise how horrible somethings we watched really were.

  • vanessa ong
    vanessa ong

    You realize emeralds are real world item right

  • Centralmean9000 burger
    Centralmean9000 burger

    You do know that plants eat carbon dioxide and carbon doesn't hurt plants.

  • D4rknessFriend
    D4rknessFriend

    Doctor: Don't worry Monika purple guy doesn't exist. Monika purple guy: 0:38

  • Irish-Buchanan’s
    Irish-Buchanan’s

    I’m beyond sorry for losing your friend matpat

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