Where is the trillions of dollars lost in the crypto market going?

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From what understand, money doesn’t just disappear. When you’re at a poker table playing, the sum of money everyone started with is the same at the end(when someone loses $100, other(s) gain $100). If I sell you a crypto for $100 and it drops to $0, I would still have your $100. In this case, wouldn’t someone/some groups of people get all the money that is currently being lost?

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Anonymous 0 Comments

Its like you have $1 and you borrow $100 from player B. Then player B does the same. Now there’s $200 in the system but in reality there’s only $2 backing this $200 debt. Keep this going and that’s how the trillions of dollars got lost because this money wasn’t real in the first place.

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