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Lottery tickets aren't a good investment, but people still buy them. It's certainly true that there is activity in the DeFi space, and it's certainly possible
by Lazare 5y ago
Lottery tickets aren't a good investment, but people still buy them.
It's certainly true that there is activity in the DeFi space, and it's certainly possible that this activity is because DeFi is just so gosh darn amazing at solving people's need for basic financial products.
...at least in theory. But if you're going to make that rather extraordinary claim, I think you need to provide some extraordinary evidence.
- leppr 5y agoI'm disputing the logical conclusion from the facts at hand that no real problem is solved, not providing a value judgment about DeFi. It's not an extraordinary claim but common knowledge in the start-up investment land that when you see an ugly, flawed product get an unexplained amount of engagement, you become interested. > Lottery tickets aren't a good investment, but people still buy them. Lottery tickets solve the real problem of hopelessness about improving one's financial situation through work. It might not be a worthwhile investment in financial terms, but it has its use just like entertainment media or alcohol.