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>people chase “moonshot” returns on crypto Your comment would have been better if you'd chosen and example that did not create hundreds of thousands of million
by hollerith 1y ago
>people chase “moonshot” returns on crypto
Your comment would have been better if you'd chosen and example that did not create hundreds of thousands of millionaires.
- empath75 1y ago> Your comment would have been better if you'd chosen and example that did not create many tens of thousands of millionaires. Lotteries have also produced lots of millionaires. Crypto could produce lots of winners just from wealth transfer even if it was a zero sum or net negative game in terms of wealth creation.
- pastage 1y agoJust bitcoin uses more energy than Finland, the energy sector in Finland makes lots of people rich. Of course people will earn money when people spend that amount of resources on something.
- RodgerTheGreat 1y ago...and plenty more folks who lost their shirts- or even just their pizza money- on crypto scams in order to subsidize those millionaires.
- analog31 1y agoNot to mention countries who subsidized the electricity.