The Crypto Currency Is a Positive Ome Gain

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The stock market is a positive ome gain. So i buy my mya mutual funds, and when i eventually sell it a decade or three from now, my gains are not just the difference between what i bought it for and what i sold it for. But note also, thises only on the long term. On the short term, day trading, like robin hood, that's zero sum, that's gamblin. Now, crypto currency starts with zero sum. There's no dividends going in, and there's no utility value of the tokens. Dd, the backers say, so the only value you get is what some other sucker will pay for,. And this is

Crypto is crashing, which makes it the perfect time to ask whether blockchain technology is actually — you know — useful for anything. Computer scientist Nicholas Weaver joins Adam to discuss the inherent flaws in the technology, the shockingly slow state of innovation considering that the technology has been around for a decade, and what a better system for digital money might be. You can follow Nicholas on Twitter at @ncweaver. Learn more about your ad choices. Visit megaphone.fm/adchoices See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.