@trapse@mastodon.cloud @maxkennerly There is no theoretical value. It's literally only worth as much as someone is willing to pay for it. If nobody is willing to pay for it, then it's worth nothing.

It's like a beachfront house. It doesn't matter that housing prices are going up or that you paid $250K for it. If the ocean rises up and claims your property, then nobody will buy it and it therefore has no value.