> 2/3 the market cap of Ethereum alone The idea of equating <insert anything> to crypto market cap needs to stop. $265B in actual real dollars is exchanged bet

> 2/3 the market cap of Ethereum alone The idea of equating <insert anything> to crypto market cap needs to stop. $265B in actual real dollars is exchanged between two parties every year for gambling. That means a business pays a salary to someone and then that someone gives that money to someone else. Crypto market caps doesn't necessarily mean that someones earned currency is transferred to another one and it doesn't representing an annual value. In other words `income != net worth` or `revenue != asset value` Example of how this works: https://news.ycombinator.com/item?id=29471847 https://news.ycombinator.com/item?id=29471847