As crypto has a netto negative impact on the world I hope that Coinbase and the other platforms get wrecked. Regular currency is also abused, but at least it h

As crypto has a netto negative impact on the world I hope that Coinbase and the other platforms get wrecked. Regular currency is also abused, but at least it has a clear beneficial use case. Crypto only destroys, it sucks wealth away from those who often can’t spare it. Crypto is the culmination of all the hubris of both men and capitalism combined. A solution without a problem. The crypto people have it so backwards: they looked at those bankers and HF traders and they didn’t think: this industry must be regulated to death. No, they didn’t see anything wrong: they just want their cut, they were entitled to (temporary embarrassed millionaires). The whole Wall Street Bets / GameStop phenomenon is also exactly that. But trying to join a destructive industry is only self absorbed nihilism (getting rich at the expense of others (which may be a tautology)). It doesn’t solve any of the systemic underlying causes and most other people end up being the bag holders. Crypto in short is so similar to HF trading, just sucking out value without creating any value and as a society at large we can do without.