> Every time the media has humored these concepts as cute, or early, or acted as if the scams are “rare” and the majority of the industry operates in good faith, they have been complicit in creating meaningful financial harm to millions of people.
I mean, I do think it is a bit easy to say, in hindsight, “Look, I was taken advantage of,” and totally ignore the dollar signs, back then, in your own eyes. No one, ever, should put all of their life savings in a single “asset” (class), let alone a completely unregulated one. But, mainsteam media, and more specialized financial media, too, are hugely complicit by merely lending an air of credibility to “crypto” (and a whole lot of other things, in fact, like climate skepticism, etc.).
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