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by O__________O
1467 days ago
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Billions, even 10s of billions, is not comparable to trillions. None examples so far have provided independently source of valuing industries claimed, nor to my knowledge have any of the industries cited have as many direct customers. Feel free to provide specific (and comparable) examples. To be clear, just trying to be objective. For example, NFTs alone for living artist easily surpassed the billion made in non-NFT sales for living artist; sure NFTs were 30-40% behind in total volume, but that’s largely for dead artists. Further, you keep bring up legal changes, but I am not aware of any pending legal matters that might have a substantial impact on the use of the technology itself; further, crypto is global and clearly adapted to legal changes including all out bans in China. |
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I'm not going to continue this, because you are definitely one of these folks who seem to believe crypto is unique in value and capability, that somehow make it not capable of failing (but can't explain why other than "when you add up all the theoretical money involved in tons of distinct markets and uses that somehow relate to crypto it's a lot"). This is IMHO distinct failure of objectivity and imagination.
The entire stock market failed enough in a single day to wipe entire economic segments out and then continued to die - 2 day loss = 25%, 3 year loss = 89%. Eighty nine percent.
It's so amazingly naive to believe that in the thousands of years of human history that nothing like crypto has happened, that large scale markets on the same order of magnitude of crypto markets have not failed, etc, that i don't even know where to begin. Then going further and just asserting anyone who starts to provide you examples is wrong/incomparable without even a single sentence that backs up why, makes this a pointless conversation.
You don't want to understand, you want to win.
Have a good one.