do you know of any references that explains what benefits to society are provided by high frequency trading? i did some crypto hopping myself and made a few gr

do you know of any references that explains what benefits to society are provided by high frequency trading? i did some crypto hopping myself and made a few grand and then lost most of it when the market crashed a while back and then eventually broke even and made a small profit, but other than the thrill, of course it didn't do any good to the planet. I get the impression a stock trading at faster than the days-months time scale is equally useless for society itself?