Crypto zero sum game

How do you pay in crypto

If Bitcoin is crashing and a trade and one sells the people who sold first are both happy because neither results in a loss: Person A sells an asset and cashes out, while person B purchases an asset they believe in the future.

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This is the zero-sum game of crypto, and unless you can convince someone to be a greater fool, then you're one of the losers, meaning that. Zero-sum is a situation, often cited in game theory, in which one person's gain is equivalent to another's loss, so the net change in wealth. CMV: Every Cryptocurrency is a zero-sum game, meaning you can only �make money� when someone else loses money. That means it's basically a scam.

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calendar_month 31.05.2022

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account_circle Zologor

calendar_month 04.06.2022

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The "store of value" narrative was coopted once folks in the community realized it couldn't ever actually sustain more transactions than required by a small Costco. Just because idiots abuse cryptos for baseless manias doesn't make the underlying technology or idea or thing bad, nor a pyramid scheme or an MLM. Its network doesn't create value, it extracts value. Application in Finance. This prevents them from the total loss scenario of poker or any other zero-sum game.