I made no comment(s) on your above mentioned points. I was replying the assertio... | Hacker News

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		Method-X on Sept 26, 2019 \| parent \| context \| favorite \| on: Kik, once valued at $1B, is to be closed I made no comment(s) on your above mentioned points. I was replying the assertion that "trading gains are someone else's trading loses".

pjc50 on Sept 26, 2019 [–]

It's an arithmetic consequence of there not being any intrinsic return. The money won from cryptocurrency trading can only come from other traders, because there are no coupons, dividends, or physical deliveries.

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