Everyone who bought and sold is in the green (assuming that they haven’t payed the taxes and not accounting for externalities of increased fraud, crime, CO2 emi

Everyone who bought and sold is in the green (assuming that they haven’t payed the taxes and not accounting for externalities of increased fraud, crime, CO2 emissions, etc). And then, not counting people who bought and lost (wallet lost/exchange collapsed, etc). And then, anyone who is still holding are under multiple risks: regulatory, markets tanking, taxation, fraud, exchange collapse, wallet stolen, etc.