BUSINESSR/DEFI
Without stablecoin treasury yield, defi is a proof that finance is zero sum
The article discusses the concept of a zero-sum game in finance, where one person's gain is another person's loss, and criticizes the idea of getting something for nothing. It mentions the example of a polymarket for the second coming of Jesus Christ and betting on secret aliens being revealed by the government. The author argues that these ideas are nonsense and extractive.
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