Hacker News new | ask | show | jobs
by burnerRhodov2 188 days ago
Explain to me how crypto is zero sum? It can be infinity rehypothecatated..
1 comments

Crypto is a box where a bunch of people put money in and get exactly the same amount out (just distributed differently).
By that logic even the Stock market is a zero sum game.
That's not true. The money you use to buy stocks gets you an ownership interest in a company that creates value. The money you put into crypto gets you a line on a distributed spreadsheet.

The money that comes out of your ownership share is tied to the success of the company, through dividends and buybacks.