Game Theory: What is a Minecraft Emerald WORTH?
Переглядів 8,624,691
4 роки томуSUBSCRIBE to never miss a Theory! ► 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 ►► www.minecraft.net/
Need Royalty Free Music for your Content? Try Epidemic Sound.
Get A 30 Day Free Trial! ► share.epidemicsound.com/MatPat
SUBSCRIBE for Every Theory! ►► bit.ly/1qV8fd6
Hang out with us on GTLive! ► bit.ly/1LkSBnz
#Minecraft #Emeralds #MinecraftEmerald #MinecraftLore #Econimics #MinecraftWorld #Enderman #MinecraftTheory #Theory #GameTheory
More THEORIES:
The Tragedy of Minecraft's Sunken Tomb ► • Game Theory: The Trage...
The History of Minecraft's Underwater Gods ► • Game Theory: The Murky...
The Tragic Story of Minecraft's Zombie Pigmen ► • Game Theory: The Tragi...
Minecraft, STOP Punching Trees! ► • Game Theory: Minecraft...
The Lost History of Minecraft's Wither ► • Game Theory: The Lost ...
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/...
www.singhalinternational.com/t...
minecraft.gamepedia.com/Tradi...
www.econlib.org/library/Enc/G...
“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.
@cdiking7026 4 роки тому
Cut the farmers some slack, it’s hard to pick carrots without hands.
@Spaceman-wx1jn 4 роки тому
Yes the poor farmers. They only have a long arm-like limb attached from both sides of his chest. It's a hard life for a Villager
@lilschom8070 4 роки тому
How else are they supposed to defend themselves?
@jovanihicks3036 4 роки тому
I forgot about that
@PLPlushies 4 роки тому
That's so sad can we get an F in the chat (minecraft chat)
@prince-of-water 4 роки тому
*M* *Y* *B* *O* *Y*
@yodude2016 4 роки тому
*steals villagers crops and sells it back to him* Me: Stupid villagers Villager: Hmm (I just made him do 6,5 hours of labor for a green rock)
@arstotzkanplaguedoctor 4 роки тому
yep
@lifeisstrange3918 4 роки тому
(*ಠ_ಠ)つ
@pudimjogando1198 4 роки тому
STONKS
@firebolt6204 4 роки тому
He just finessed the crap outta you
@lesserevil8136 4 роки тому
I just gave an emerald for 6 book shelves, and traded 18 books for 3 emeralds. Stonks. Stupid Villigers. Villager: READS ↗️
@gastech8311 3 роки тому
Elon Musk: goes bankrupt “How did it happen” Elon Musk: bought a bell from a villager
@dogeo1719 3 роки тому
lol
@generaljuice5379 2 роки тому
I just steal them
@mathewjose4753 2 роки тому
@@generaljuice5379 Look at you, a thief! Didn't your parents teach you that stealing is wrong? Learn from me, I just take them, not steal them.
@generaljuice5379 2 роки тому
@@mathewjose4753 yes yes yes... Wise words my man
@breawen 2 роки тому
@@mathewjose4753 eww you take bells? that's disgusting. i borrow them. forever... without permission.
@robowyatt398 Рік тому
I just thought of a few things, you have to consider that those prices are specialized for those specific jobs, that's why some rotten flesh will even get you an emerald in the first place, because its coming from the cleric, in order for it to be truly accurate you'd have to find a trade that almost all villagers have. and now that I think about it the emerald is very close to real world gold, its shiny, its rare, its dense, and its not that useful anywhere else.
@greenentity6846 Рік тому
bingo
@Vekcrazah 4 роки тому
everyone: ‘emeralds are worthless’ me, saving them up for mending books: ...
@Kindelwyrm2 4 роки тому
Ooooh, I should probably do that for my Elytra. :|
@Headhunter1234256 4 роки тому
@@Kindelwyrm2 probably, but enchanted with unbracking 3 you can fly and get around with ender pearls for like 6 before it gets low on durability.
@rickwaver213 4 роки тому
not just mending books. if you cure a weaponsmith,toolsmith and a armorsmith, you can basically transform 1 iron, 9 coal and 1 diamond into a piece of diamond gear. even rotten flesh can be transformed into a diamond set for cheap
@alex_2928 4 роки тому
Ooh that's smart
@rickwaver213 4 роки тому
@A Person or if you find a zombie spawner at the beginning you can have infinite emeralds. iron farms are better for emeralds tho
@stealthboy316 4 роки тому
Steve: can I get the stew? Villager: this little maneuver is gonna cost us 51 years.
@slevinchannel7589 4 роки тому
Sadly, we will likely never know. Whatever the Minecraft-Theory is, i can't stop being aware that, of all Franchises, this is the One that Denies all these Theorys, you could say. They make the lame Excuse that it's our duty to make up Lore for this world, and that's just extremly Sad to me Minecraft Theorys are the most likely of all Theorys ever to not be True and just be a Waste of Time, because Mojang Refuses to think up any Kind of Lore... Sad... It's the One Franchise all Theorys about are Useless, if you get what i mean. I wished Mojang finally changes that! And by the way, also Nintendo regarding Super Mario!! They should reveal actual Lore, so that we at least know where we are and what the Most Basic Common Sense is!
@Rostof_TheGreat 4 роки тому
@@slevinchannel7589 you're overthinking it, Minecraft is a game about creativity and imagination, not story
@slevinchannel7589 4 роки тому
@@Rostof_TheGreat Yes. It's still lazy though of the Creators. And it's still sad.
@AndyHappyGuy 4 роки тому
@@slevinchannel7589 maybe there is no official story at all. It's _our_ story, we make _our own_ story.
@slevinchannel7589 4 роки тому
@@AndyHappyGuy Yes, that's the lame Excuse Mojang uses. Hytale meanwhile? Not.
@AsymmetricalAce 3 роки тому
"Angry mobs aren't knocking on your door every night" 2020: allow me to introduce myself
@MishaG4mer 2 роки тому
I've read that PERFECTLY as the video said that, lmao
@w1nterdays 3 роки тому
“You can’t eat them.” Abigail from Stardew Valley would like to challenge that
@coolchannelhehehe 3 роки тому
"how'd you know i was hungry? this looks great!"
@feli_potter8561 3 роки тому
@@coolchannelhehehe me who was doing a marry abigail run knows that she eats quartz, emeralds, diamonds except amethysts for some reason
@blokvader8283 Рік тому
@@feli_potter8561 Me being really confused when I heard she liked shiny rocks, but hated my amethyst even though I thought "they're both purple, she should like it"
@feli_potter8561 Рік тому
@@blokvader8283 i made that comment a year ago
@blokvader8283 Рік тому
@@feli_potter8561 I just found the comment now, got excited that it said stardew valley, wanted to reply to something, sorry
@nixian_zwaylus 4 роки тому
am i the only one feeling like there was a missed joke opportunity about gems being measured in carrats (carrots)?
@pixel7649 4 роки тому
Nice one there... Now im hungry...
@kamikazedollxo 4 роки тому
Why, *why’d you give them the idea?*
@zealiketea 4 роки тому
I thought it WAS a joke for a bit
@logan6211 4 роки тому
He already did it in the one episode about a diamonds true value, where he ruled that a full suit of diamond armor was worth a few million dollars, I think. Jenne sais pas.
@jack_mackay 4 роки тому
Did that for the diamond video
@rebeccab4604 4 роки тому
Matpat: Paper is like what? 2 cents? Artists: I wish Matpat, I wish.
@zakarymoninger7845 4 роки тому
@Luke Crain good paper can be like $12 for an appropriately sized sheet. Probably more for really high-end stuff, idk.
@chocchip4172 4 роки тому
@@zakarymoninger7845 what in the fricc is "high end paper"... it sounds like "high end water" to me Edit: Aight, apparently its paper that would be good to do neat stuff like paint on, cool.
@jerotoro2021 4 роки тому
Yeah, Minecraft has no large scale forestry, no huge pulp Mills shredding trees 24/7, no massive factories shaping pulp into millions of sheets of paper every minute... Each sheet is hand crafted from tree to sheet. Guaranteed it's worth more than 2 cents. Matpat isn't factoring in supply, demand, cost of production, etc.
@omdano6432 4 роки тому
@@chocchip4172 paper that doesnt bleed and is thick and size is big
@jerotoro2021 4 роки тому
@JoybuzzahzTV ......yes of course. I knew this. lol. ALTHOUGH! Pretty sure the reason why is because the sugar cane was supposed to double as papyrus, and so it's not paper in the modern sense, but papyrus sheets. And a quick Google search tells me that I can buy 10 sheets of 8"x12" papyrus for USD $20. $2 per sheet, way more than 2 cents!
@Averysoysauce 3 роки тому
Matpat: *drops sticks on table in jewlery store* , I WANT AN EMERALD NECLACE PLZ Clerk: umm, sir. Please pay actual USA currency. Matpat: mmmm, no. 32 sticks is worth an emerald.
@tcscity5gaming Рік тому
lol
@samuellopez479 Рік тому
Ah ah! Using the thread, additional metals, and linking piece, you require more than 32 sticks
@neonlights_4074 3 роки тому
Steve: *Most powerful being* Wooden door: I cant stop you, but he can. W O O D E N F E N C E
@bigmanimation 3 роки тому
Haha
@nothingjustnothing7900 2 роки тому
Also Steve: Placed carpet on the wooden fences
@Nightmare_Developer 2 роки тому
beacon : allow me to introduce myself :)
@spartanthingy7326 4 роки тому
Honestly I always thought that villagers mined all the emeralds everywhere and that's why their so few of em in caves and why villagers have a ton of em and will basicly give em out for free
@theoutsiderjess4869 4 роки тому
That would make emerald worthless indeed
@peterparkersashes6253 4 роки тому
Juan Pineda so they basically have a monopoly on emeralds
@spartanthingy7326 4 роки тому
@@peterparkersashes6253 basicly
@sentrydraws25 4 роки тому
Seems accurate
@spartanthingy7326 4 роки тому
@@fletcher2421 mine shafts
@zocz9072 4 роки тому
“I wonder what the currency is like in the future” Me: *laughs in toilet paper*
@abbyyoung2610 4 роки тому
Zocz and apparently beer now that the US closed all sales of alcohol
@a_name1 4 роки тому
I have 12 rolls of tp I am god
@CoronaVirus-kd9gv 4 роки тому
lol
@abbyyoung2610 4 роки тому
Alfie Hamadani woah dude.... woah you can’t display such power these days. People will find you and take it.
@shamrockgamer401 4 роки тому
@@a_name1 DUDE I have 50 rolls beat that
@BaggyGoose Рік тому
My theory (more guess)s that, due to the wide range in prices, the villagers have a culture where it's normal, if not expected, to haggle prices of items.
@madisonatteberry9720 2 роки тому
"these things are called 'precious gem stones' for a reason." Except, like with diamonds and gold in this game, it seems to be almost freaking everywhere, and with the ancient builders that may have mined them previously, may have actually been devalued.
@Unorite 4 роки тому
Emeralds in vanilla Minecraft: _weak_ Emeralds in modded Minecraft: *STRONK*
@debbiedinnoo8992 4 роки тому
69th like Nice
@nakaithewanderer8071 4 роки тому
Emeralds in modded minecraft: *stonky stronky*
@oldassaccount4790 4 роки тому
Stonks
@creater20225 4 роки тому
tinkers construck uses a emerald32 string and 4 gold ingots to make the tools have silk touch.
@aromorguythefirst1600 4 роки тому
Villagers when they receive emeralds: *STONK*
@papyrusthecool8321 4 роки тому
MatPat at 11:54: Everything is done by hand. Mumbo Jumbo and Iskall: Allow us to introduce ourselves.
@RikuMcduck 4 роки тому
Cool dude
@kanyevil127 4 роки тому
No I am cool dude
@tnsteve7386 4 роки тому
Who is iskall?
@kanyevil127 4 роки тому
@TNsTeve A very skilled Minecraft player
@lordhobo9048 4 роки тому
@@tnsteve7386 redstone experts also a channel
@Memezndreamz 2 роки тому
1:50 the baseline price also matters if the villager has been resurrected from a zombie which gives permanent discounts or if the villager has survived through a won pillaged raid which gives temporary discounts. The discount is only as high as the chief bounty is on your head before entering a village. The villager resurrection stacks which means you can let a zombie on hard kill a villager like five times, resurrect them, and now you have 1 emerald per trade. This too stacks with raids
@projekttaku1 2 роки тому
I know. I done it and its so broken.
@omniverse7976 Рік тому
The fact that we don’t know emeralds are actually valuable in Minecraft also relates to many ancient civilizations. You’d trade 2 sheep for 5 bread loaves. In fact, in Ancient Egypt, silver and gold pieces, probably about the size of a quarter or nickel, were used as currency. A nickel made of gold would be worth a fair amount. Not I giant amount but a fair amount today, back then though, it wasn’t.
@Fetchinator7 4 роки тому
4:40 “The villager isn’t just paying an emerald for the carrots, he’s paying you an emerald for the carrots plus the labor costs it took to pull them out of the ground” Yes... labor that I totally did... It’s not like it was your enslaved friends and family doing all the harvesting only to have me steal the crops before they could share them amongst each other. What kind of sick monster would do that?
@fouryou2887 4 роки тому
*laughs in sith lord*
@goodman5993 4 роки тому
Laughs in automation
@rowangamblin 4 роки тому
LAUGHS IN MONSTER
@Shadowdx-py2ni 4 роки тому
I would
@masync183 4 роки тому
cackles in capitalism
@Komatic5 4 роки тому
Everyone: Emeralds are worthless Me, having a villager trading system for enchanted books:
@dontmindme7645 4 роки тому
Gotta get those mending books
@FivenightsatRays 4 роки тому
LOL
@stevencancio-newton6612 4 роки тому
No need to flex
@Dinosaurianationazation 4 роки тому
In real life yes, in Minecraft no
@shay.w.5812 4 роки тому
@@Dinosaurianationazation Same, I've trained people living in rural areas to give me voodoo books.
@zonbiimusic4750 Рік тому
Steve: spends literal gemstones on a world atlas Cartagropher: you have to draw it yourself
@toastybutondifferentacc5775 3 роки тому
At the same time tho, you only need like 3 pieces of paper to write an infinite amount of pages on a book, so emeralds can count as an infinite amount of money
@pixtane7427 6 місяців тому
This is gameplay and also not infinite pages. There is a cap at 50-100 pages
@pingufan1239 4 роки тому
11:54 Matt: “Everything in Minecraft is done by hand” Mumbo with his auto farms: “Allow me to introduce myself”
@cakecheese2895 4 роки тому
Villagers who don't have hands:
@cooperolson8250 4 роки тому
Bruh
@redonedanc 4 роки тому
Why do Americans say liter ly and not litrely?
@kanal2123a 4 роки тому
Why is he so popular for autofarms and redstone stuff in general? Scicraft members and Ethoslab are a lot better at doing redstone... Etho is pioneer, he even has clocks and "gates" named after him... He created sorting and storage system "Nexus" and massive portable storage... Mumbo is good too, he's just overrated :/
@dorijancirkveni 4 роки тому
@@kanal2123a I guess because he's more of a redstone science popularizer than a redstone scientist?
@papayadoodlez9994 4 роки тому
Sonic: THIS EMERALD CAN SAVE THE WORLD!! villager: how about a piece of bread...
@MrDankTM 4 роки тому
hello panda. btw joe
@dulce6711 4 роки тому
Yaya panda & Baby Cakey true
@setseretze3565 4 роки тому
why not 300 emeralds
@dolanduck3041 4 роки тому
*THE NEGOTIATOR*
@JG-js9ww 4 роки тому
Villager:you want grass?
@ShizuruNakatsu Рік тому
The emeralds are definitely cut. Their cut is called "emerald" cut. They come out of the ground cut already in the game, but look up gem cuts and you'll see. You could also argue it's the "octagon" cut, but it's more elongated vertically so it looks more like an emerald cut, which I assume they were going for, considering it's an emerald.
@omgnelonr1631 11 місяців тому
I love how it went from "How much is a Minecraft Emerald Worth?" to the basics of economy being explained.
@ancientburrito9893 3 роки тому
SPOILER: One Emerald is approximately one Emerald.
@gramram3062 3 роки тому
OMG!
@gramram3062 3 роки тому
I never knew tha..... of course i knew that
@RomandoPWE 3 роки тому
YOO YOU’RE SO SMART
@sajeucettefoistunevaspasme 3 роки тому
After search One emerald+-10^-23=one emerald
@BlockheadBlocks 3 роки тому
>:0 How dare spoil
@trinityfranklin8356 4 роки тому
Why doesn't UKposts ask us about satisfaction AFTER we get done watching the video?
@sashalianski7566 4 роки тому
I know it feels good, for a person to answer ur comment so... hi
@MrDankTM 4 роки тому
hello franklin. btw diesel patches is daddy
@trinityfranklin8356 4 роки тому
@@sashalianski7566 😃👍
@tvangelist 4 роки тому
@@sashalianski7566 hey dad
@MJWITHER 4 роки тому
Like/dislike is simpler
@XSniper74184 2 роки тому
I remember when that diamond armour episode came out. To this day whenever I or someone else says, "but I digress," or any similar phrase involving, "digress," I always say, "and I sidequest!" I never knew the guy. I'd only ever just seen his videos but it's still sad that he's dead. Rest in peace Ronnie.
@tiralu 3 роки тому
"They farm way slower than you do" my ultra high end villiger powered carrot farm tells me a different story LUL
@1ronic127 4 роки тому
"Mommy, can we have rabbit stew tonight?" "Nah sweetie, just give me a year or two"
@1ronic127 4 роки тому
@Ian Li from the cleric
@DockingFreidmanRecords 4 роки тому
Villager family struggle.
@1ronic127 4 роки тому
@tutacat Matpat has theorized that the minecraft earth is round. Most obvious is that minecraft has gravity.
@houselemuellan8756 3 роки тому
@@1ronic127 but clearly not the same gravity as in our universe.
@lightblazex4756 3 роки тому
The real item worth a lot of money here is the lava that can be used like real life crude oil. And we have a whole dimension filled with it.
@nibs7252 3 роки тому
The Nether is Minecraft's Middle East, confirmed!
@Sacabambapis_ 3 роки тому
Yes
@titanicsam19 3 роки тому
Tekkit intensifies
@nategamer9184 3 роки тому
@@nibs7252 ye
@colecochrane8164 3 роки тому
I always like this idea and do this in my SMP. It is very funny because at one point we had to have a war over the remaining fuel
@jackj7877 2 роки тому
"In Minecraft, everything Is done by hand" *Laughs In Redstone*
@appletree3541 2 роки тому
7:42 An arm a leg and a child For that you could learn the secrets of alchemy and make your own emeralds In Full metal alchemist the Elric brothers try to revivr their mother but one of them loses and arm and a leg and the younger brother loses his whole body but they get knowledge from an alchemy god and learn how to do alchemy without transmutation circles In case someone didn't get it. Correct any inaccuracies it has been 1 year and a half since my last rewatch
@crossisbig6868 4 роки тому
7:35 Can we just talk about how he straight up mined an emerald with a stone pickaxe probably to tick us off
@royalknight2808 4 роки тому
Not ony did he do it once, BUT TWICE?!?!?!
@CxffeeBean 4 роки тому
It's funny cuz it broke in the animation and didn't pop up as a smaller floating emerald
@ChanceRhodes 4 роки тому
Realistically, it's because we see the stone pickaxe graphic in previous shots so it was probably because he just had it handy... BUT I do like to think he's just being a little troll
@ashdeem913 4 роки тому
and it also made the sound of gravel breaking
@Wincognit0 4 роки тому
13:17 just realised that”s my profile picture.. Edit: how did I get 1K likes in a single check. Also the last time I checked I had 1K now I have 1.1K.. this comment is... OUTTA THIS WORLD!! :D *pun intended* Anyway thanks guys
@katievoss1681 4 роки тому
Space Life: coincidence I think NOT!
@user-yw3ic8qc1h 4 роки тому
Space Life lol
@enchantedorange3141 4 роки тому
Lol
@esthermontalvo3467 4 роки тому
"Begun the clone wars has"
@noxlupa2996 4 роки тому
Space Life ayyyyy
@bate_ate7182 2 роки тому
7:50, Steph asks if Mat has seen Ollie, but then where did he get the arm and the leg? His limbs are attached to his body and same goes for steph :|
@Merlin_Ambrosius_1100 2 роки тому
Didn’t say it was THEIR arm and leg
@RetroVibin 2 роки тому
This video has taught me more than my economy class has.
@shortyboio 4 роки тому
Villagers talking about Steve: He protecc He attacc but most importantly he sell us sticc bacc
@MrDankTM 4 роки тому
hi short. btw joe
@MuffinHawk 4 роки тому
JODisHere bro why you keep doing that everywhere
@user-nz3qm3rb8v 4 роки тому
best way to make money ref.sharecash.co/yahia
@cherripai7645 4 роки тому
@@user-nz3qm3rb8v no
@finalcartoon1044 4 роки тому
@@user-nz3qm3rb8v best way to make money: get a job
@thatsroughbuddy1407 4 роки тому
I think you're missing a big lore opportunity here... how do villagers have so many emeralds across all of their villages, but emeralds underground are extremely rare? Maybe someone mass mined it, like the ancient race. Or maybe the villagers were better at doing stuff before, and something happened to them, just like the endermen. I feel like if I say something like this I have to make one of those super long comments, but I'm probably wrong so I don't have to 😁
@pudimjogando1198 4 роки тому
Oh please, write more it actually makes a lot of sense Emeralds can be super rare as most have been mined maybe because of their magical properties (in beacons)
@H0llowz 4 роки тому
I think it's so rare because the villagers mass mined all of it and what's left of the emeralds are unfound
@colorman9323 4 роки тому
That would mean that the caves could be a mining place
@samlink686 4 роки тому
Maybe in past emeralds had more magical propertys then just being used in a beacon Could an ancient race have been magical creatures?
@Shiyamirai 4 роки тому
Kind of how like the Aztecs, Mayans etc vs Spaniards. To them Gold and Platinum were just for artistic purposes, usually to hang on a wall, make statues or for religious purposes. To the Spaniards it made them gold crazy and greedy because they put a different value on gold. They also considered Platinum useless and without value, which now in modern times would be considered crazy.
@connor_awesome6482 25 днів тому
14:21 i love the magikarp popping up when he said useless
@Gabowsk 2 роки тому
Alternate Title: MatPat explaining how capitalism works while getting insane with Villagers' working hours and wages.
@AKiDNAMEDLAX Рік тому
This video is the first 200 pages of Capital Vol I
@drmem9514 4 роки тому
Matpat: Villagers can’t defend themselves Nurm: *Sad Villager noises*
@wjcplastersolution 4 роки тому
Wait from Minecraft story mode? Sorry I haven't seen the game in a while
@jennyzhao9271 4 роки тому
Wow why is this so specific
@wjcplastersolution 4 роки тому
@@jennyzhao9271 ¯\_(ツ)_/¯
@BasicallyRANDOMYT 4 роки тому
Yes
@wjcplastersolution 4 роки тому
@@BasicallyRANDOMYT Oh ok
@moomoomachines7193 4 роки тому
You could also make the argument that emeralds in their world were so abundant and common that it could be used as a common currency. Lobsters back in the early 1700s were super plentiful and considered prison food. People thought it was the poor mans food. But now that the lobsters are rare, they become super expensive.
@hououinkyouma6629 4 роки тому
Emeralds *are* not! common in the Minecraft world, atleast to the player.. Idk how villagers got so much emeralds (Need a villager conspiracy video)
@moomoomachines7193 4 роки тому
Hououin kyouma They could be very common because the villagers could have mined all of the emeralds out of the ore. Just because there are no emeralds in mines doesn’t mean there are little emeralds in circulation of the villagers.
@SapioiT 4 роки тому
@@moomoomachines7193 Considering the theory of Minecraft being set in a posy-apocalyptic world, and how players have different capabilities than the villagers, it could be possible for the villages to literally poop emeralds, and to maybe use them for something which the players cannot use them for. But we don't know what, yet. Maybe reproduction. I mean, villagers need to eat before making a baby villager, so theoretically they could be used for spawning creatures. And we just need a way to make spawn eggs using diamonds, or to acquire spawn eggs through trading, to confirm that.
@hououinkyouma6629 4 роки тому
@@SapioiT who knows... Maybe the villagers first gathered emeralds and then turned them into some sort of emerald generator or they might somehow infused themselves with emerald (don't ask me the details) or.. they really do know some sort of secret crafting recipe which is also easy to gather and craft
@aljon5947 4 роки тому
They painted crystals with green dye.
@jackchoukaier8764 2 роки тому
In economics, giving something value because it has use, beauty, etc… is call intrinsic/extrinsic value. Dollars and other modern currencies called “fiat” currency (Fiat being Latin for “let it be done”) has no such value itself, the only thing giving it value is because it is considered legal tender in its currency zone. In fact, fiat is defined by having no value (as in you can’t eat it or ride it.) Maybe the emerald is the fiat currency of villagers, its price changing from village to village.
@noppornwongrassamee8941 2 роки тому
More like villager to villager. I can't count how many times I came across two villagers in THE SAME VILLAGE selling/buying the same items for completely different prices. Like Villager 1 willing to buy 30 paper for 1 emerald and Villager 2 only wants 22 paper for 1 emeralds.
@lauren3173 3 роки тому
11:51 Excuse me, we’re called bakers! 😂
@alostduckling5024 4 роки тому
Mat Pat: frustrated at someone who’s “having trouble” playing a video game, “you know ur good at” Screen: shows mark on fnaf SHOTS FIRED MY FRIENDS
@tiffanykun8144 4 роки тому
*THE KING OF FNAF*
@RandomPerson56086 4 роки тому
Yeah, I died laughing 😂
@MrDankTM 4 роки тому
hello christopher. btw diesel patches is daddy
@xT0rn_ 4 роки тому
“It was frustrating- just like watching someone struggling through a game you’re very good at.” *shows markiplier struggling in fnaf*
@SuperMaanas 4 роки тому
xT0rn_ It’s because Mat is a FNAF theory expert while Mark isn’t. So, from a certain point of view, Mat’s really good at the game
@Kitsunelover1995 4 роки тому
@@SuperMaanas and markiplier made a reference to game theory in fnaf 3 its in the compilation
@jordanpaul492 4 роки тому
thanks for explaining a scene word for word
@slevinchannel7589 4 роки тому
14:06: Buddy, you never lived in Alabama, didnt you?
@memeboi2096 4 роки тому
Yeah whenever I see someone play farcry5 who is new to the farcry series I have finished the game like 4 or 5 times
@Pokemonmasterz 3 роки тому
10:13 so let me get this straight, if this was the actual pricing, I have about 100s of millions of dollars just laying around in a chest I have
@Liyaskoo 2 роки тому
Matpat: Everything by hand. Mumbo Jumbo: What did you sayyyyyy.
@howtoplaygameswrong8719 4 роки тому
Matpat: you can't eat emeralds Me: *Is that a challenge*
@TheKnightCrafter123 4 роки тому
Do it! 🤣 buy a single real emerald gemstone which worth a fortune than eat it. Yum that sweet sweet sensation of eating money
@ironscorpion5131 4 роки тому
*Shaggy has entered the chat*
@jrcspiderman2003 4 роки тому
@@ironscorpion5131 😂🤣😂
@zacharyherring8780 4 роки тому
Yes That is a challenge
@ecw613 4 роки тому
"In Minecraft, everything is done by hand." *Laughs in Redstone*
@sirwaddlesdeethird7186 4 роки тому
*Laughs in COMMAND BLOCKS*
@kyudeathsbr3138 4 роки тому
@@sirwaddlesdeethird7186 Laughs in *JSON , OPENGL , JAVA AND C++*
@owend0818 4 роки тому
KyuDeathsBR *laughs in telekinesis*
@ecw613 4 роки тому
@@kyudeathsbr3138 *Laughs in Mumbo Jumbo*
@sirwaddlesdeethird7186 4 роки тому
@@owend0818 Minecraft has telekinesis? What mod I want to try!
@capesword111 3 роки тому
The idea of money in a simplified system like this is in fact to use something pretty but useless for trade. Gold was a currency because it had prestige but nothing else. Perhaps emeralds are prestige in Minecraft.
@deconstructor3582 Рік тому
You didn't mention another problem which currency in Minecraft has - no additional means of payment. In the USA, as you said, you can pay either by dollars or cents, which allows us to measure a commodity's value more adequately. Since there is no such thing as a cent, there is a problem with the adequate measurement of a commodity's value. This problem, in real life, was present mostly in the medieval ages and renaissance and was dealt with by adding secondary currency to pay, or by dividing real coins into pieces. Since it isn't an option in Minecraft, this is hard to tell what's the value of the commodity in the game, because there isn't a currency of less value than a singular emerald.
@axfinity9134 4 роки тому
1st half of this video: How much does an emerald cost? 2nd half of this video: The tragic lives of villagers
@leptoad2145 4 роки тому
He really goes on a tangent
@MrDankTM 4 роки тому
hello Ax. btw super bowl 2020 is boring
@BLZPHR 4 роки тому
JODisHere wtf is your problem? Get outta here
@N2O_The1000thElement 4 роки тому
When a villager pay you a rock for 6.5 hours of labor Villager: Stonk
@WHATaOG 4 роки тому
@Teroshki lol
@matthewwells2520 Рік тому
13:00 "Angry mobs aren't trying to attack you every night...I hope." 2023: Hold my beers.
@danielmcbride6413 Рік тому
I really enjoyed this video! I liked how it took a nuanced approach that that really does explain the apparent value disparity between items traded by villagers for emeralds. It made me think about it in a way I haven’t thought about it before. It also made me think about rotten flesh. I think paying one emerald for rotten flesh is basically the equivalent of being a Minecraft bounty Hunter. Think about it! The enemy that poses the greatest threat to villagers(aside from players) is the zombie. The difference is, some players don’t hurt villagers, but zombies indiscriminately kill them all and turn them into the undead. The villager is likely willing to pay you a day’s wages for 24 pieces of rotten flesh not because they value the rotten flesh, but because the assumption is that you killed zombies in the surrounding area, thus making it vastly safer for the villagers. It’s actually really brilliant game design when you think about it like that.
@GogiRegion 4 роки тому
I like to imagine that extreme emerald mining caused the supply to be so large that it devalued the currency, so now it’s a common item that people use like a coin.
@BriiIndica 4 роки тому
Alexis Harper which would explain why their so hard to find
@kittykittykitty7682 4 роки тому
@@BriiIndica And presumably mining into a mountain (or extreme hills in earlier versions) is too difficult for villagers, which is why they're only found there now. But that's etc.
@MrDankTM 4 роки тому
hi alexis. btw joe
@user-nz3qm3rb8v 4 роки тому
ref.sharecash.co/yahia best way to make money
@defaultdan7923 4 роки тому
JODisHere mama
@IHateCopperGolems 3 роки тому
Next do a theory on what went wrong in the wandering trader's brain to make him think his trades are good
@Squidkid3333 3 роки тому
Agreed
@crypt5129 3 роки тому
Idk, sometimes he’s useful
@Squidkid3333 3 роки тому
@@crypt5129 Its a 3 percent (not really) that he has something useful
@crypt5129 3 роки тому
@@Squidkid3333 I am an extremely lazy player, so I look forward to the wandering trader visiting my base. I can buy lily pads instead of walking to the swamp right next to me
@Squidkid3333 3 роки тому
@@crypt5129 true, lilypads are pretty good
@battleax6364 2 роки тому
9:10 The fact that he said that and now we can actually play as Minecraft Steve in smash brothers ultimate is crazy
@bigfred5012 3 роки тому
14:43 kinda random but i used to walk that same bridge every day to get to high school
@Sirzacharia 4 роки тому
10:50 “Am I just wrong about this theory? Well no” nice job matpatting yourself on the back there.
@AlmondGlue 4 роки тому
You put the time stamp at the very end of that. Also, he didn’t ask if he was wrong about the theory, he asked about the calculation.
@FerventSpy66834 4 роки тому
Almondglue r/whoooosh
@pogfection787 4 роки тому
@@FerventSpy66834 Its not a woooosh, there was a legit mistake.
@AlmondGlue 4 роки тому
The Cat Show 66834 r/ihavereddit
@lindor2948 4 роки тому
@@FerventSpy66834 r/woooosh dumbass and that's not a woosh
@pastelcreativity9595 3 роки тому
Mat: "An arm, a leg, and your firstborn child" *You don't seem to be missing any limbs... Who. Who have you taking limbs from Mat? Well?!*
@2milk711 3 роки тому
take the arm and leg FROM the child. save some money and limbs
@gaylordrobinson1199 3 роки тому
2% Milk big brain
@pain_peko 3 роки тому
his secondborn child
@because_raisins 3 роки тому
He took them from the child with DIY amputations. DIY as in:Devil Inside Yourself
@demonclaw2327 3 роки тому
*The FBI would like to know you're location*
@itsjustaviper 3 місяці тому
I did the math and going based off of gold blocks, Each gold ingot costs approximately $141,298,970.37. Going off of the cleric trade of 3 gold ingots per emerald, one emerald is worth approximately $423,896,910.90 without buffs or debuffs. This is assuming the gold is pure 24K , if the gold is super low quality, ill use 9K gold as an example, 3 gold ingots or 1 emerald is worth about $158,961,341.59
@deathc0ntent 2 роки тому
the funny thing is that if you infect and cure a villager they just sell you diamond armor for 1 emerald, so perhaps you can tell what the price of an emerald using that method
@embeboso8329 3 роки тому
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
@theflyingwhale5778 Рік тому
But the Villager pay for our services..
@lowkeyidiot4134 Рік тому
@@theflyingwhale5778 But with things that are basically worthless to them
@electricpepperoni4789 Рік тому
@@lowkeyidiot4134 OHHH
@lasercraft32 Рік тому
The funny part is, you can make afk carrot farms where the villagers farm them for you, using minecart hoppers and stuff... then you can trade them their own carrots back to them ;3
@mmmmmmmmm463 2 місяці тому
Villager: Hoh hun hah hun hah hon hoon (Here is your carrots) Steve: Okay I will give you some emeralds *gives emeralds* Steve: What other trades do you have? Villager: Hoh hanhoon han hon han han hon! (You could trade those carrots for a stick!) Steve: 😑
@dDeckon 4 роки тому
Matpat: 7:42 Steph: "Have you seen Ollie?" Gamora: what did it cost? Matpat: Idk, You Tell Me
@MrDankTM 4 роки тому
hello matpat. btw diesel patches is daddy
@westvirginiastatepolice8873 4 роки тому
dDeckon ur wasting ur time
@fouryou2887 4 роки тому
If you spam one more time say goodbye.
@dDeckon 4 роки тому
?What are you talking about? I typed this comment myself? Are ppl copy & pasting it????? Why? i'm confused
@westvirginiastatepolice8873 4 роки тому
dDeckon I wasn’t talking about u
@maxifire32 2 роки тому
Fun fact: in a world with no extreme hills and villagers emeralds are infinite times more rare than normal, this also applies to super flat world with no villagers
@GTDzak 9 місяців тому
I find it funny how after all this in 15 minutes and five seconds, he didn’t ever actually accomplish anything. He didn’t really find out the value of a emerald in Minecraft.
@aspenator4091 3 роки тому
Baby villiger: I dont wanna eat rabbit stew!!! Villager: Jonathon, this took me 8 hours for these 2 bowls of stew so eat it
@Ir1sss_ 3 роки тому
Lmao
@Ir1sss_ 3 роки тому
I would love to have rabbit stew
@jessepapi7927 3 роки тому
@@Ir1sss_ Same. Never had it but it sounds delicious!
@reuzdanielle4095 3 роки тому
Lol
@MrAzat-vi6qf 3 роки тому
You ungrateful little shi-
@clumsiiconfidant5780 4 роки тому
Steph: Hey, where’s Ollie? Mat pat: **Clueless seeming whistling**
@spookysomeone 4 роки тому
i saw ollie and, forgetting they had a child, went "im here"
@kingthordan2562 4 роки тому
'Honey, have you seen the baby?' 'No, I think he got outside' ... *Unzips Dad disguise* ' *you FOOL* '
@the_Ikar 2 роки тому
11:54 "But in minecraft everything is done by hand" *Laughs in automatic farms*
@emilyyoung2485 Рік тому
Fun fact: the thing wrong with this theory is that mat pat compares the cost of stuff in their world to the cost of stuff in ours. Paper for example is made by in bulk by machines here, but in Minecraft it seems to be more handmade, increasing the value
@TheRealMisterSteve 4 роки тому
Me: So how much is a Minecraft emerald? Mat Pat: Yes
@MrDankTM 4 роки тому
hello Dimond. btw joe
@latamalera6888 4 роки тому
Who is Joe
@deathrayman8074 4 роки тому
@@latamalera6888 Now, as you can see, you've fallen right into my trap!
@delightfulrainclouds6394 4 роки тому
Me: **was just watching film theory** Me: ok I think that’s enough for now, I should move onto- **Game theory notification** Me: **_looking around room suspiciously_**
@vzihall 4 роки тому
They are watching. Always.
@ihatemirrors1216 4 роки тому
The League of Villains is also watching, Child Deku.
@RalvinTY 4 роки тому
where are they...
@hollowcookie9648 4 роки тому
RanDOM ANGER ISSUES ,?????? Tokoyami got yo back
@ihatemirrors1216 4 роки тому
@@hollowcookie9648 shut up hero
@scibanana3542 2 роки тому
no, the real most interesting part of recent Minecraft was when mojang turned netherrack from a cubic meter of dried blood from an infected scab that you pulled on your leg to the not-that-bad looking thing it is now.
@felixgeorgescu2230 2 роки тому
Things I learned today about the US: A bread costs 3$ (in Romania it's just 0,33$) and Mega Image is called Food Lion in the US (apparently Romania is the only country where Food Lion is called Mega Image)
@noahwong3712 3 роки тому
“Trading Carats for Carrots”
@randomanimals3422 3 роки тому
(And your profile pic is a bunny)
@randomanimals3422 3 роки тому
@KV - 06 862845 Calderstone MS XD
@GrIs899 3 роки тому
🐇 bunny
@dando541 3 роки тому
I would say this is copied, but there aren’t copyright laws here in the comment section, so you are absolutely fine!
@noahwong3712 3 роки тому
Dan Do I didn’t copy that, but yeah the comment section has negative copyright laws
@mattew5814 3 роки тому
Stephanie: where's Ollie? MatPat: I was a businessman, doing business
@nanochad2979 3 роки тому
lol
@lizardthedragon 2 роки тому
That profile just says it all, man.
@TheUnderscore_ 2 роки тому
@@lizardthedragon It's pure beauty.
@darckense1 2 роки тому
Yeah, this is big stonks time
@CheesBoi 2 роки тому
Bus i ness man
@neokolder472 Рік тому
Would be cool to see some Terraria theories. Even with well known lore there are a lot of things that can be theorized
@jerilds 3 роки тому
I love how mat and steff named there child from a skateboard trick
@serenityordonez7990 4 роки тому
13:47 Villager:*Slips under the door* *SNEAK 100*
@LeoMarciana 4 роки тому
*mission impossible theme starts playing*
@EHc0325 4 роки тому
*Flat Stanley has entered the chat*
@hamz5791 4 роки тому
13:46*
@agentbowlingball6993 4 роки тому
Sorry stole your comment, my bad.
@unattributed1641 4 роки тому
Actually, I think MatPat missed something big in this theory: WHY are Emeralds a thing of value to Villagers? It seems really strange because emeralds don't fit within their economic system which is really non-monetary... More like a barter system. So why do Emeralds have any value?
@brandon4801 4 роки тому
it's a form of currency. why is $1000 worth so much if it's technically just a bunch of paper? because it's our form of currency
@patrishakeepittogetherswee5881 4 роки тому
@@brandon4801 but... why?
@EdgySniper497 4 роки тому
@@brandon4801 I think he's referring to why emeralds in the first place, it's inefficient, with emeralds being a rare resource, as opposed to something like paper
@GaminGuy_ 4 роки тому
Unattributed no the *real* question is how villagers get the emeralds in the first place
@Raven1024 4 роки тому
He didn't miss it, did you ignore the whole section about shells?
@rockysradar Рік тому
Matpat : Everything in Minecraft is done with hand. Every redstone engineer ever : You sure about that?
@anthonyj.adventures9736 Рік тому
This math reminds me of the duck tails vault. Different measurement all plausible all mind melting. Love it.
@Gnerf 4 роки тому
Me: finds 11 emeralds that took days to find Villager: The best I can do is 2 dirt blocks
@monhunterz5430 4 роки тому
What villager sells dirt blocks?
@lordofshades9852 4 роки тому
@@monhunterz5430 pre villager update
@letmeeducateyou2127 4 роки тому
Gnerf 3. Take it or leave it.
@Gnerf 4 роки тому
@@letmeeducateyou2127 lol
@Jireninyourrecommendations 4 роки тому
Calculating the price for an Emerald is as equivalent as calculating Reddit Karma. They're both all over the place
@randomshyte9989 4 роки тому
And they both dont matter
@narayananmohan8114 4 роки тому
Dont encourage him... He'll DO the calculation somehow. XD
@Stefanga44 4 роки тому
Wait here are 3 replies but on my screen before i click on the comment there stands one command
@petercarioscia9189 Рік тому
I know I'm late on this, but you're using the price of mass produced printer paper. Actually vellum, hand crafted artistical paper; small batch, high quality paper can range in price from a few dollars to $30 a sheet. Or more.
@Rune.the.therian Рік тому
I gotta say, this is a very interesting episode. I have wondered, if I came to a pawn shop with a real minecraft emerald, what is it worth?
@derpstereo19 4 роки тому
"This would be an over 1,000 carat emerald" Are you sure? Because the one you traded seemed worth 22 carROTS! (a h a funnyfunny)
@lukecija1633 4 роки тому
*A h a v e r y f u n n y*
@dragnas_arrendor7804 4 роки тому
Wow... Puns, also I do agree
@Digitalhunny 4 роки тому
DerpStereo owo - Your a _very_ punny individual, aren't ya?? 😂🥂
@REALPEDROGAMEPLAYS 4 роки тому
@@husky6288 do you see any water
@from-a-venusian-closet 4 роки тому
@@husky6288 It is the only way...
@Chigger 4 роки тому
Me: *Walks around with emeralds* Shady villager: "Pssst. You want a cookie?"
@MrDankTM 4 роки тому
hi lane. btw joe
@HolarMusic 4 роки тому
Shady villager: **HMMM**
@user-ng7sz9bi2i 5 місяців тому
i love that the subtitles at 7:58 is "MatPat is thinking about every decision in his entire life...and whistling"
@Nate2010 2 роки тому
I have an idea for a theory. What is Blixer/Fresh/The Boss (you also said it was your cat) from JSaB? A fossil in the new chapter is one of blixer's arms, so are blixers like dinosaurs?
@callmehdan6228 4 роки тому
“ It’s currency I can eat!” 😆😂🤣😆
@reeckoyoshi5887 3 роки тому
Aztecs: Are we a joke to you?
@krisbeagles7045 3 роки тому
Dont laugh, this is a very, VERY serious matter, like what else would he get USD?
@NOL_bm 3 роки тому
1:01
@aishusparadise7949 3 роки тому
Gott em
@weve.got.bannan.10 3 роки тому
Yeah lol 😂
@CptRussiaXD 4 роки тому
Emeralds exist Minecraft villagers: *_MINE MINE MINE MINE_*
@josiaheason669 4 роки тому
I wonder why they want them
@matthewmichaelmoniz8490 4 роки тому
CptRussia They are the same spices as the pigeons in finding nemo
@shanequinn7409 4 роки тому
Is that what there saying
@hoclok4121 4 роки тому
YES YES YES *YES*
@Nasurisu 4 роки тому
Cause baby toniiiight
@soulplexis 2 роки тому
never thought id find the labor theory of value in a game theory video
@jasonlan7475 3 роки тому
I guess the real value of the emerald is the friends we made along the way
The Game Theorists
Переглядів 14 млн
ОВР Шоу
Переглядів 4,8 млн
Фейгин. Смерть Соловьева, арест Шойгу, где будет наступать Россия, штурм Харькова, США нагнули Китай
В гостях у Гордона
Переглядів 981 тис.
The Game Theorists
Переглядів 5 млн
Robzi
Переглядів 722 тис.
Симбочка Пимпочка
Переглядів 1,6 млн