Negative net benefits as they fulfil 2 purposes: 1) Ridiculously large, risk-unadjusted payoff for the promoter 2) Regulatory circumvention Mix in some hype a

Negative net benefits as they fulfil 2 purposes: 1) Ridiculously large, risk-unadjusted payoff for the promoter 2) Regulatory circumvention Mix in some hype and voila - you get the same level of energy as a crypto-venture in traditional finance.