LogFAQs > #964976728

SergeantGander posted...

I wasn't just referring to that particular post, read the rest of the topic. Or go to any crypto topic on this board and there is Roast actively raging against the crypto-machine.

Because it destroys people's lives and financial futures.

Just because a handful of people made a crapload of money early into the Ponzi scheme doesn't mean that's going to continue indefinitely.

Crypto is lucky that most people aren't knowledgeable enough about finance to realize what the sudden collapse of a "stablecoin" like Terra Luna actually means. Because in a real market, the sudden realization that the hedge funds can collapse overnight because none of them can meet margin calls would be... something