February 12, 2022 at 10:11 AM

Why, statistically speaking, cryptocurrencies are for losers.

”The problem here is that the amount of actual money you can get out of a cryptocurrency equals the amount of actual money that has been put in, minus the actual costs of mining. So the big picture is that although there may be winners, in aggregate the system loses money.”

https://blog.dshr.org/2022/02/ee380-talk.html