Is the “traditional” finance world this…incestuous? As a casual observer, the crypto ecosystem is almost entirely made up of folks printing Monopoly money, hypi

Is the “traditional” finance world this…incestuous? As a casual observer, the crypto ecosystem is almost entirely made up of folks printing Monopoly money, hyping it until it’s nominally worth something, loaning it to each other, and then gambling with the loans everyone took out.