Verify or refute: There exists an inner product in $\mathbb{R}^2$ such that the norm of every vector $v=(v_1,v_2)$ is $\|v\|=|v_1|+|v_2|$.
I think this is untrue. So I took $v=(1,0), y=(0,1)$. After some calculations, I got that:
$\|v+y\|^2-\|v-y\|^2= 4-4=0$
and $2\|v\|^2+ 2\|y\|^2=4$.
But this clearly satisfies the parallelogram law since $0\leq4$.
So, does such an inner product exist? Or perhaps it doesn't exist but my election of vectors $v,y$ wasn't the appropriate?