> But crypto is a technology and financial crime existed well before the advent of crypto and will continue to exist whether crypto keeps existing or not. Sure

> But crypto is a technology and financial crime existed well before the advent of crypto and will continue to exist whether crypto keeps existing or not. Sure. The difference is, crypto has no other useful use except crime. > for the first time engineers can hack on finance without any permission, licenses, approvals, regulations, borders, etc. Regulations exist for a reason. Even beyond regulations, one of the (many) appalling aspects of crypto is it's rediscovering rules that have been extremely well known and documented for decades, or centuries. Terra-Luna is a perfect example of a death spiral, for example. > I want to see how this experiment turns out. Isn't it clear already how this experiment is turning out? How many more time do we need?