I think markets win because they are fun

There are of course externalities, but we should aim to bring more people into markets so that they can experience the fun too, rather than being on the margins

Then, there will be more collective will to preserve markets while also addressing externalities

we live in the most mercenary and extractive global economy that has ever existed.

and we still double-think ourselves into believing we should go further.

when people say "everything in crypto is a scam" it's because we have not proven to the average person that we care about them more than our bags.

you think clanker is winning because it's fun?

you think the global south is flocking to crypto because it's fun watching their own nations' currencies crumble?

markets only win because they HAVE to or they DIE, and they will do everything in their power to live forever.

they are, after all, only human.

no, markets don't win because they're fun. they only get to enjoy being fun for a short while until they figure out how to mandate your participation.

and as soon they figure that out, it is turned on you.

show me the incentive, and i'll show you the outcome.

fun is not the incentive of a market.

survival is.

i'd rather kill the radio and listen to the rain hit

crypto is still important, but "fun" is absolutely not the reason.