It doesn't work that way, you can't "tally up everything". If so, let's do that for humanity as a whole and conclude it's been a mistake. Again, a huge part of

It doesn't work that way, you can't "tally up everything". If so, let's do that for humanity as a whole and conclude it's been a mistake. Again, a huge part of crypto is perfectly legitimate, just retail buying/selling crypto via KYC exchanges. It's not lawless, just a free market of assets. Which any individual can use or ignore as they see fit. You can use an investment strategy (buy and hold), trading/speculation strategy (minority of day traders) or indeed go the gambling route: super high risk bets using leverage. Calling this entire spectrum consisting of hundreds of millions of users "gambling" is simplistic, binary thinking. Most crypto holders have less than 10K USD worth of holdings and rarely trade on it. "800 billion market cap of Bitcoin" is already an absurd statement." How so? Because you think it's worth less, or perhaps zero? If you're so super confident about that, short it. You'll get filthy rich whilst proving you're right. But you won't short it, because you have no idea.