Cryptocurrencies

[Axtremus]

https://arstechnica.com/tech-policy/2024/12/teen-creates-memecoin-dumps-it-and-earns-50000/

Teen creates memecoin, dumps it, earns $50,000

This being a zero-sum game, the teen "earns" $50,000 means other people "lose" $50,000 elsewhere.

After all these years, it seems cryptocurrencies still have only one application: speculation.