This is generally true across the economy. It is known as the diamond-water paradox. Diamonds are (for everyday life) useless, so then why are they so much more

This is generally true across the economy. It is known as the diamond-water paradox. Diamonds are (for everyday life) useless, so then why are they so much more valued than water, which you need to live? https://en.wikipedia.org/wiki/Paradox_of_value https://en.wikipedia.org/wiki/Paradox_of_value