Is it a zero sum game though with mining involved?
When all is said and done, every dollar made by a BTC trader will also have been a dollar lost by a BTC trader. And seeing how it's the algo traders and market manipulators that are reaping the profits, it's clear that the small-time retail traders will have lost their money
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How is that different from the dollar?
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this is true if the crypto marketcap bursts. if it's an adoption wave, then early adopters of any size will have profited.
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You mention BTC as if that was specific the BTC trading. But is it?
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Fortunately for BTC traders, this is not true - modern day economies are not zero sum (and the medium of exchange does not affect that). The major difference between crypto and fiat is purely about the mechanism of trust, which is completely orthogonal.
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True when trading the SP500, not true when trading BTC. When BTC goes back to $1000, will you admit that the recent wave of trading has all been zero-sum?
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Also consider that long term holders will still reap the huge benefits of deflation/scarcity. They can grow to be whales and ignore the algo "whalesuckers" nipping around them maybe even the tides of manipulation.
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When you think about it it's just the most efficient (apart from the energy issue at the moment for BTC in particular) store of value ever.
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