Currency trading is negative sum. (Zero sum less friction.) So are most derivatives.
One must encapsulate broader effects to find a net gain. Incorporating crypto’s benefit to the poor is such an attempt.
What benefit is that? Not speculative, maybe in the future benefit, but current, concrete, demonstrable benefit.
I don’t see one, but that’s a separate discussion. The narrow one is that every crypto-trader’s gain comes at another’s loss. Cash in and out of the system is entirely conserved across all timelines.
Currency trading is negative sum. (Zero sum less friction.) So are most derivatives.
One must encapsulate broader effects to find a net gain. Incorporating crypto’s benefit to the poor is such an attempt.