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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Here’s an explanation
I sell lemonade. It’s a cool day. I sell a glass for $1. It’s a hot day, I sell it for $4. It’s warm, I sell it for $3. The price varies but I can sell it sell for whatever people are willing to pay
*Breaking news*: drinking lemonade causes you to uncontrollably fart blood. Do not drink.
Today, no one bought my lemonade. They probably never will again, because of the whole blood fart stuff. My lemonade is now worth $0
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