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Re:Kazakhstan to restrict crypto miners amid power shortages by lottin on Wednesday November 03, 2021 @11:22AM (#29095938)
No. Your profit from trading bitcoins is someone else's loss. The amount wealth in society remains unchanged, only it's allocated differently. Total value added = zero. A tax on profits doesn't add any value either, it's just an additional re-allocation of the same wealth.
Re:Kazakhstan to restrict crypto miners amid power shortages by trevyn on Wednesday November 03, 2021 @12:32PM (#29096935)
That’s not strictly true; some forms of capital allocation increase future productivity (and therefore future wealth) at a greater rate than others.