3 ms·
The ultimate expression of sunk cost fallacy is Bitcoin (and Proof-of-Work in general). “We burned so much coal generating random numbers, it has to be worth a
by pavlov 5y ago
The ultimate expression of sunk cost fallacy is Bitcoin (and Proof-of-Work in general).
“We burned so much coal generating random numbers, it has to be worth a lot. Let’s spend even more.”
Aliens visiting Earth would have a great laugh at our sense of priorities.