> participate in no-loss lotteries This is such a charade. The money for the pool comes from somewhere: it's the returns you would otherwise accrue on the mone

> participate in no-loss lotteries This is such a charade. The money for the pool comes from somewhere: it's the returns you would otherwise accrue on the money you need to invest in the pool in order to play the lottery. There are definitely still losers; you're just losing your potential future interest instead of the money you have on hand today. Things like this only serve to highlight that the principal interest of the vast majority of crypto/defi proponents is to make money for nothing (and chicks for free?) But there is no free lunch. Someone always loses, regardless of how clever we are at masking the loss.