It's the same story - the rich get richer.
I prefer the phrasing, "It takes money to make money."
Maybe we could try one of those other systems that has always failed? Do it somehow differently, and see if we can avoid the problem of running out of other people's money?
I didn't claim to have a solution.
Was just pointing out the game didn't change with ASICs. It was the same game as before, just magnified a bit more because the profit gained before by the rich make them richer this time than last time.M