The threat is always systemic risk. That's why we need such a massive and seemingly unfair bailout of financial firms in 2007-8. Or the S&L crisis in the 80s. A

The threat is always systemic risk. That's why we need such a massive and seemingly unfair bailout of financial firms in 2007-8. Or the S&L crisis in the 80s. At some point, other's peoples bad decisions affect everyone else. I don't think the crypto market is big enough to have the same affect yet but it could. And it really shouldn't be allowed to get to that point until the market submits to regulation.