> That's the communist "Labor Theory of Value" which is nonsense.

Can you explain how it's nonsense? Can you think of a valuable product or service that you consume that is not produced by labor?

> For example, spend the day digging a hole in your backyard. Did you create any value? Nope.

I didn't say that all labor produces value; I said that all value is produced by labor. As a Smart Guy who Created His Own Software Company with No Capital At All, I'm sure you know enough about elementary logic to recognize the difference.