3 ms·
Bigger doesn't prove the game is not zero sum. There is no valid underlying use for any cryptocurrency for the average person. If you take away early adopters,
by relaunched 4y ago
Bigger doesn't prove the game is not zero sum. There is no valid underlying use for any cryptocurrency for the average person. If you take away early adopters, crypto-zealots, shills, criminals organizations and suckers, what's left is far from clear. Is cryptocurrency some transformative, post-governmental currency, controlled by the people - or the next speculative de jour - or a scam - with a better marketing strategy?
What seems clear is that when you confound speculative utopian societal changes with the underworld's dream currency, crazy things happen.
- adastra22 4y agoI'm sorry, but do you know what zero-sum means? Maybe go look it up. It's okay, you're one of today's lucky 10,000. The market has grown in size. The value of crypto companies and market caps today is not literally the sum of the value of crypto companies and market caps 10 years ago. Ergo, not zero-sum. This is purely a mathematical statement about industry financials, not a moral judgement about abstract "value" in terms of societal contribution.
- relaunched 4y agoMy implication is that ultimately crypto will go to zero - because it is worthless. When you sell something that is worthless to someone, that is a zero sum game.