Crypto has “crashed” 50% and more multiple times and has survived so far. If the value goes down the network decreases difficulty of mining so it is cheaper to

Crypto has “crashed” 50% and more multiple times and has survived so far. If the value goes down the network decreases difficulty of mining so it is cheaper to mine (remember these things started being worth nothing). This also decreases economic security though, we should find some combination of what security is adequate and that will be represented in the tokens. Let’s not end up in that sad authoritarian cbdc future, instead we can build and adopt global foss systems like the ones we’ve been building the past decade. Or we could ignore it all, call it a scam, and let it be captured by VCs and governments.