AnilA thing I’m reflecting on is that, a generation ago, Enron became a symbol of corporate corruption for (among many other things) costing pension funds $2B with their scams. Compare that to how much crypto scammers must have already cost pension funds dabbling in this shit. And yet they’ve avoided nearly as much outrage.
MtnBiker@anildash Crypto was always pure gambling with no underpinnings. Pyramid schemes are nothing new, but people forget. The government failed by not investigating and regulating. IIRC Enron was a US corporation under some regulation. Neither was sufficient. Some where afraid of missing out on the next Apple, Amazon or whatever