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Re:Web3? I have my DAOts by lottin on Tuesday December 07, 2021 @03:44AM (#29470305)
This is not how 'creating value' works. If you create something that sells for $100 but cost $100 to be produced, you have created zero value, and if it cost $120 you have destroyed value. In economics this is called added value, it's defined as the value of the output minus production costs. The sum of all added value over a period of time amounts to the GDP.
Re:Web3? I have my DAOts by biztos on Tuesday December 07, 2021 @07:19AM (#29471617)
But if I build an ASIC computer for $100 and sell it to some miner for $120, have I (the ASIC company in China) not created $20 in value?

If Bitcoin goes to zero I still made my $20.

Re:Web3? I have my DAOts by lottin on Tuesday December 07, 2021 @07:39AM (#29471761)
Correct.