All cartels exist mainly to the benefit of the insiders. I don't see why crypto should be inherently more prone to scams (after all, the use of funds on the blo

All cartels exist mainly to the benefit of the insiders. I don't see why crypto should be inherently more prone to scams (after all, the use of funds on the blockchain is actually fairly transparent). Most instruments that are now considered traditional were at some point in their history ripe with questionable behavior (modern banking was arguably born when depositories ran out of gold and comforted customers with paper bills - funnily enough, that was also enabled by new bookkeeping/ledger methodologies). The antidote is sensible regulation, not demonisation.