A "lottery ticket" does not quite fit the traditional definition of "investment"... | Hacker News

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		mrb on Sept 29, 2017 \| parent \| context \| favorite \| on: Fidelity CEO Abigail Johnson says the company is m... A "lottery ticket" does not quite fit the traditional definition of "investment". Besides, almost no one who buys a lottery ticket ends up winning millions, but everyone who bought and held bitcoins since 2010 is a winner.

joosters on Sept 29, 2017 [–]

They seem perfectly equivalent to me. Lottery winnings came from everyone else buying tickets, yes.

So where are the 'winnings' of these magical 2010-era bitcoin holders coming from, if not from other people buying bitcoins?

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