> Over these thousands of exchanges relatively little fiat money actually flows. citation needed So you believe Fidelity and Coinbase have been lying in their

> Over these thousands of exchanges relatively little fiat money actually flows. citation needed So you believe Fidelity and Coinbase have been lying in their corporate disclosures for the past 10 years, along with thousands of other companies all over the world, just so they could throw hundreds of billions of dollars of their own money into a black hole, to prop up a trillion-dollar asset class for 10 years running... why? Just for fun? Do you also believe the Nasdaq doesn't actually exist?