# Zero-Sum Related Articles

HTX News Center provides the latest articles and in-depth analysis on "Zero-Sum", covering market trends, project updates, tech developments, and regulatory policies in the crypto industry.

Everyone Hates Cryptocurrency, and We Only Have Ourselves to Blame

Cryptocurrency faces a widespread credibility crisis, shifting from mainstream skepticism to outright厌恶. The author argues the industry has only itself to blame, using a crude metaphor of a failed orgy to illustrate the repeated, humiliating cycles of participation. Key reasons for the loss of trust and interest include: the aging demographic of crypto advocates; the prevalence of scams and irreversible financial losses; the rise of political meme coins (like TRUMP) as a sign of extraction over value; and more compelling narratives in AI and robotics. The author notes that crypto is no longer the most interesting or profitable game, with traditional markets outperforming. The culture is seen as toxic, degenerate, and driven by zero-sum PvP (player vs. player) dynamics where insiders hunt each other rather than building real value. Technical communities are disgusted by the lack of substantive progress beyond better wallets or cheaper gambling. Yield opportunities in DeFi have compressed, and trust in all entities—from founders to exchanges—is eroded. The piece concludes that the "lights are on, and the party is over," with crypto losing its narrative of optimistic innovation.

marsbit01/22 08:42

Everyone Hates Cryptocurrency, and We Only Have Ourselves to Blame

marsbit01/22 08:42

Financialization and Gamblification: How the Blurred Boundary Cycle Forms?

The article explores the blurred lines between financialization and gambling in modern economies. It argues that extreme financialization—where financial markets dominate and speculative activities overshadow productive work—has detached wealth from labor, making asset ownership crucial for prosperity. This shift fuels a vicious cycle: as social mobility declines and asset prices soar, younger generations feel excluded from traditional paths to wealth. Some turn to socialism for structural solutions, while others engage in "hyper-gambling"—speculative trading via zero-commission apps, cryptocurrencies, and prediction markets—driven by the hope of rapid gains. This behavior, amplified by digital accessibility and survivorship bias on social media, further accelerates financialization. The cycle reinforces inequality, reduces productive investment, and fosters a zero-sum economy where speculation outweighs creation, ultimately undermining societal well-being.

比推12/08 15:32

Financialization and Gamblification: How the Blurred Boundary Cycle Forms?

比推12/08 15:32

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