# Economic Value Simply Means Scarcity

Private property (or personal property?) happens only because of
the scarcity of resources. Because of the scarcity, you can't use
the resources while others are using it or having it. Other
explanations are all bullshits. Fuck you, Marx.

So why does water have economic value? Because it's scarce.
Why does land have economic value? Because it's scarce.
Why does gold have economic value? Because it's scarce.
Why does bitcoin have economic value? Because it's scarce.

It's no more and no less.