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0 pointsO__________O3y ago0 comments

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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DannyBee3y ago

Hahaha. So you are combining all of the different types of markets/etc in your case, but not in the case of comparison? And then just discounting them anyway with no reason why. Saying "it's not comparable to trillions" is both wrong and useless - it is not a reason, it's an assertion, and one not backed up.

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.

O__________OOP3y ago

Neither fan or hater of crypto space based technology; said as much prior, but appears you’re not reading my replies.

Further, you clearly did read the OP comment, which said the “whole crypto space” — so no, I don’t believe me responding to that as the scope is off-topic, changing the scope, etc.; I didn’t even include cryptography, which is obviously part of the space, worth $10 of trillion and used 7.26 Billion or making up 91.54% of the world's population; every phone uses cryptography.

Next, lol, money is obviously real, claim it’s not is funny at best, not even worth responding too; obviously not worth the 10s of trillions the public equity market is worth, but again, no example you’ve supplied came close to even 10 billion; reminder that trillion divided by billion is 1000, even at 100 billion, that still 10x larger; even at 10 billion, that would be like comparing industry making $1 a year to one that makes $100.

No idea what the whole 89% of the stock market point means; either literally, or as it relates to the topic.

Cheers.

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