> Munger is right and China was right. They're not wasting tons of precious energy and talent on creating scams, ponzis, casinos, rug pulls, and unlicensed secu

> Munger is right and China was right. They're not wasting tons of precious energy and talent on creating scams, ponzis, casinos, rug pulls, and unlicensed securities. So, the case for regulating crypto is that it, sans regulations, crypto harms consumers. Makes sense. The case for banning it is... what exactly? Charlie didn't bother to make the case. All you say is that it "wastes time and precious energy". But time-wasting is a cornerstone of the modern economy, and there's no way crypto ranks even in the top 100 on that front. And electricity is not a finite resource, so banning a technology just to reduce energy use makes no sense. What's the actual case for a ban?