"Transparency" does nothing when the scammers are so emboldened they commit fraud in broad daylight because they know the regulators aren't paying attention and

"Transparency" does nothing when the scammers are so emboldened they commit fraud in broad daylight because they know the regulators aren't paying attention and they can make off with the money faster than you can analyze the data. >Do you think there are more scams happening in crypto than the current system? Yes, absolutely. Pretty much everything I've seen in crypto is a scam or fraud. The tokens have no value and the whole thing is about pumping them up and dumping them on someone. I have yet to see any blockchain company that actually delivers a useful product that can't be made cheaper and more efficiently in tradfi. The "financial innovations" coming out of defi are all either blatant fraud, ponzi schemes, or are ideas that are known for decades/centuries to be so risky and stupid that no functioning market would allow you to do them. >If so then you're brainwashed. Less of this please.