The whole idea of trading and prices going up, only works for rivalrous goods[1]. Digital property (including but not limited to metaverse land) is inherently

The whole idea of trading and prices going up, only works for rivalrous goods[1]. Digital property (including but not limited to metaverse land) is inherently non-rivalrous - and therefore not really suited for this kind of profiteering. But through the blockchain, people try to impose artificial limitations onto digital property, in order to achieve scarcity, and thus create rivalrous goods (or even veblen goods) from something that's inherently non-rivalrous. This scarcity can then be exploited for financial gain. The irony is, that the usage of blockchain technology itself is actually anti-rivalrous. The more blockchain is being used, the better for everyone who already uses blockchains. [1] https://en.wikipedia.org/wiki/Rivalry_(economics) https://en.wikipedia.org/wiki/Rivalry_(economics)