Believing that crypto is the wild west and any project can rugpull you is learned helplenessness. Being scammed out of your private keys is learned helplessness

Believing that crypto is the wild west and any project can rugpull you is learned helplenessness. Being scammed out of your private keys is learned helplessness. The industry creates problems upstream (lack of factories and standards, wallets lets you export keys, etc) and people are internalizing their responsibility (and inability) to clean up the problems downstream. The solution is almost always to put pressure on the industry and the system’s administrators and designers to improve it (as govt recently has been trying to do after SolarWinds fiasco) This phenomenon is EVERYWHERE and once you read this you can’t unsee it — check this out: https://news.ycombinator.com/item?id=30382437 https://news.ycombinator.com/item?id=30382437