Coinbase's stock value is down 86% in the past year. BTC lost more money this year than people did by just holding cash even at 7% inflation. Tether was banne

Coinbase's stock value is down 86% in the past year. BTC lost more money this year than people did by just holding cash even at 7% inflation. Tether was banned by NY State from operating there, and also may be actually insolvent. FTX went belly up due to a ponzi. QuadrigaCX did the same thing before it. Rug pulls are common in the NFT world. Smart contracts are written to be too smart for normal investor people to follow them. Or not smart enough to keep hackers from manipulating them.