This is insane
https://www.trustnodes.com/2018/07/22/millions-dollars-sent-ponzi-like-ethereum-smart-contract-game-might-never-end
https://www.trustnodes.com/2018/07/22/millions-dollars-sent-ponzi-like-ethereum-smart-contract-game-might-never-end
The question is why would it ever drop to 0. Why would anyone ever let that happen? If they wont, which it is reasonable to assume that they wont, then wont this thing grow forever? What does this mean? Has someone figured out how to create a dooms day device built on game theory and censorship resistant computing? Even if it is not a dooms day device is this hinting at the idea that maybe game theory based dooms day devices could be created on block chains? This seems like a bigger thing than the game it's self.
Meh. I see a giant bailout in the making.
It is a totally fun idea but it’s also the economic equivalent of trying to break the second law of thermodynamics (ie not going to happen).
Your ROI on buying a later key will shrink to close to zero. It then becomes a game of chicken with the pot. People will get sick of not achieving a return on their investment and progressively give up. Others will get DDOSed and attacked. Mistakes will be made. Eventually someone will win.
This is somewhat similar to some e-commerce sites that have a very low price for an item "say $1 for a $1000 TV". You "bid" $1 and if nobody else bids in a set amount of time you get the TV. But if someone else bids $2 before the timer runs out then you don't get the TV. Then $3, $4...etc. Eventually someone wins the TV for $50. Then they advertise the fact that someone just bought a fancy TV for "just $50!". The reality being that they made a whole lot more than $1,000 on that TV from the amount of bids.