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by nobodyandproud 1632 days ago
This is my personal take only.

It’s mostly speculative and the ones who benefit the most are essentially criminals: Those that either want to hide their monetary activities; or hide their money.

There’s also a snake-oil aspect to it, which makes it ripe for fraud.

More down-to-eath, it steals away from the GPU supply and I imagine HN has its fair share of gamers.

Finally, there’s an old investor saying: When widows and orphans get in on the action, it’s time to get out.