> What's fundamentally wrong with people losing a lot of their money on crypto? The problem with any economic disruption that's large enough is that "the econo

> What's fundamentally wrong with people losing a lot of their money on crypto? The problem with any economic disruption that's large enough is that "the economy" includes both you and them. A concrete example is how "people" lost their homes in mortgages they shouldn't have taken in the first place: it didn't just affect them, the whole market crashed because everyone had an overvalued home. These things will cause rings on the water. Dogecoin, Bitcoin, the TINA symptoms in the general equity market are all symptoms of a bubble. I just pray that it will peter out and not blow, because an economy where everybody's grasping their savings for dear life is not a very enjoyable economy to live in.