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Ethereum Will Win

· 27 min read
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Let's Go Gambling!

I love gambling. I hate gambling.

Casinos are not healthy for chains. Should they be online crypto casinos, or attention window casinos, they always have the goal of max-extraction. And not just of on-chain liquidity, but of people, leaving in their wake endless tales of regret and alienation.

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Casinos are a low effort vehicle to extract value from a chain. They are running a business, and they will win because their winnings are built into the system (upfront fees or mathematical house edge). Then they remove liquidity (not a point of argument, it's an observable on-chain fact). They are not interested in culture, the common good, or humanity—only themselves. They've accumulated billions from crypto users and off ramped it. You can't ask someone delirious with greed to give back even a little.