What we call the “crypto party” should never have started. Because in this party, there’s nothing being sold or promoted that is fundamentally worth anything. They pitched cryptocurrencies as an alternative to government control – they said that these currencies can’t be manipulated. But these currencies can also not be protected or audited or tracked. Now, there is more enthusiasm for cryptocurrencies than ever before. They are becoming “mainstream”. Small, not so knowledgeable, investors have been lured in. And they are the ones being taken to the woodshed in this meltdown
