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A comment on Crypto dominoes fall in the wake of FTX's collapse. Parent comment

Re:Crypto dominoes fall in the wake of FTX's collapse by alvarezbjm-hn on Thursday November 17, 2022 @10:56AM (#33640738)
How can a real physical coin lose 99% of its value? That's inflation

How can a crypto coin lose 99% of its value? It was worth nothing to begin with. No wealth created, no wealth destroyed. Plain transference.

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Re:Crypto dominoes fall in the wake of FTX's collapse by ceejayoz on Thursday November 17, 2022 @02:53PM (#33644632)
Better example with coins:

If I convince one person to pay $10 for a quarter, are all quarters worth $10?

If you answered "yes", you can run https://coinmarketcap.com/.

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