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> When everyone is invested in bitcoin going up, it will keep increasing. Tragedy of the commons. Even if I "want" the price of bitcoin to go up, any dollar I
by paulgb 9y ago
> When everyone is invested in bitcoin going up, it will keep increasing.
Tragedy of the commons. Even if I "want" the price of bitcoin to go up, any dollar I invest in Bitcoin will only increase the value that I actually capture by an infinitesimal amount.