Reasons Why The Crypto Dream Is Turning Into A Nightmare

Negative Sum

Realistically, cryptocurrencies are a negative or zero-sum investment. Essentially it requires somebody to buy an overpriced asset to sell it to someone else for an even higher price. There are many idealists in the crypto world but most people want to make money quickly (via Creightonian).

This means that they’re willing to exploit potential buyers and leave them with a worthless purchase. We’re seeing this in the world of NFTs now as people struggle to offload them. Sadly, the crypto dream isn’t as romantic as many buyers originally thought. Now that’s costing the world a lot of cash.