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That's the pernicious thing about capitalism and the stock market, really.
by Nullabillity 4y ago
That's the pernicious thing about capitalism and the stock market, really.
- jqpabc123 4y agoCrypto consumes a lot but it really produces nothing. It is not capitalism and the stock market. As the Luna example shows, just maintaining "stability" is a major achievement in the world of crypto.
- strikelaserclaw 4y agoI would put crypto more in the domain of "financial engineering"
- jqpabc123 4y agoYes. And a very extreme example of it. Making money from electrons is about as extreme as it can possibly get.