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Sounds like a losing strategy for most customers and businesses Why not pool costs and split profits. Everyone gets less.. less risk, less losses, less profit
by ipaddr 2y ago
Sounds like a losing strategy for most customers and businesses
Why not pool costs and split profits. Everyone gets less.. less risk, less losses, less profits.
- loeg 2y agoFewer drugs developed.
- lazide 2y agoWhy have only a single winner get the proceeds of getting a winning lottery ticket, when everyone could band together, buy all the tickets, and split the proceeds?
- heavyset_go 2y agoYou're describing mining pools and they're incredibly popular for their profitability compared to trying to find a winning lottery ticket on your own.
- lazide 2y agoCrypto != the lottery or drug development.
- tmnvdb 2y agoThat's already the case. This is why most drug companies are quite large. And investors spread their investments. Competing as a small startup is extremely hard compared in this field compared to for example software. Unless you're asking why there is not a single state-run drug company doing everything, in which the case the answer is scale has disadvantages, having some diverse set of companies in a space like this has advantages, and state run centralism has been debunked so many times I can't be arsed.