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A comment on Shorting Tether for Fun and Profit. Parent comment

Re:Shorting Tether for Fun and Profit by this_user on Sunday January 08, 2023 @01:51PM (#34301866)
This because something is scarce, doesn't make it valuable. Claims to the contrary are just another example of crypto bros not understanding economics or human behaviour. Otherwise, a whole bunch of people with boxes of Beaning Babies would be rich by now.
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Re:Shorting Tether for Fun and Profit by scotty79 on Sunday January 08, 2023 @02:26PM (#34302197)
Were beanie babies truely scarce? The way Rambrant paintings are?
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Re:Shorting Tether for Fun and Profit by andirk on Monday January 09, 2023 @12:25AM (#34307096)
Please do mansplain to everyone about "understanding economics or human behavior", two topics that are barely understood and have wildly unpredictable outcomes on any given day. Back to grown up talk: scarcity doesn't create value by itself, no. A giant multi-billion $ bulletproof-ish network of millions of active users trading a scarce commodity does create value.
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