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1.What is your definition of nihilism?
:the belief that traditional morals, ideas, beliefs, etc., have no worth or value
:the belief that a society's political and social institutions are so bad that they should be destroyed
2.What is the validity of nihilism?
3.What social effects, if any, does nihilism have on any given society in which it presents itself in?
Focusing on answer number three for a moment, I ask you this question. Is nihilism desirable for a society and it's occupants?
Focusing on answer number two for a moment. Based on the definition you presented, is nihilism an objective truth?