Yes, but that means the the scheme as a whole is valuable, not that a loss can rightly be called a "valuable commodity". See the follow-up[1].
This is like those Saturday morning commercials that say Cocoa-puffs is part of a balanced breakfast, and tyring to explain that by asserting how each component, including the Cocoa-puffs, is balanced. That's not how it works, the aggregate property is not piecewise reducible.
This is like those Saturday morning commercials that say Cocoa-puffs is part of a balanced breakfast, and tyring to explain that by asserting how each component, including the Cocoa-puffs, is balanced. That's not how it works, the aggregate property is not piecewise reducible.
[1]https://news.ycombinator.com/item?id=34390221
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