A lot of energy and effort is put in playing the game of "guessing" how much a given "currency" is worth to others who are also guessing ... etc. Strategies ra

A lot of energy and effort is put in playing the game of "guessing" how much a given "currency" is worth to others who are also guessing ... etc. Strategies range from ... fancy analytical methods finding intricate patterns in order to try to capitalize from inevitable regularities by magnifiying fluctuations on a short time scale and maximizing frequency ... to mining, staking ... to simply HODL. Not to mention the f*ery on top and in between trying to profit from common "strageties" by pumping, hyping, dumping, inducing FUD ... finally knighted by tweets of centibillionaires. Every "currency" afaik (which is transparent of course) is a disaster in terms of wealth distribution. It is not a trivial issue to solve and some inequality is healthy and desirable but for me it still remains the big elephant in the room nearly everybody invested in the "crypto space" - understandbly so - glosses over some to the point of simply equating technologically decentralized = sociologically decentralized eg DeFi. Another example to better illustrate my point: The game "monopoly" was meant to be educative and enlighting on the destructive centralizations at the beginning of the 20th century but the board game was enjoyed so much that its "purpose" is now a long forgotten remnant. I kind of feel the same when looking back at the original paper "A peer to peer electronic cash system" published in the wake of the "banking crisis". The game of betting on the right coin to attain "LAMBO" (the "Hotel" in Monopoly-Lingo) is enjoyed so much that it ends to be ironically - beside all honorable intentions - the driving force.