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No, it's you who don't understand. There are many ways someone can profit from bitcoin losing all its value. And there many motivations other than financial p
by lottin 5y ago
No, it's you who don't understand. There are many ways someone can profit from bitcoin losing all its value. And there many motivations other than financial profit. Therefore it's more accurate to speak of dishonesty rather that irrationality.
- warkdarrior 5y agoThis is key. Profits from Bitcoin or from Bitcoin's losses are not restricted to the Bitcoin ecosystem. In other words, the Bitcoin ecosystem is not closed. For example, Ethereum or Algorand or Avalanche may benefit if bitcoin loses its value, even if those communities may not participate in Bitcoin.