Great article! But to be fair to crypto, in the end all real world companies eventually fail which means there will always be somebody holding the bag at the end. Speaking of robbing Peter to pay for Paul, corporations also seek to continually grow even if that growth is not sustainable for the environment that houses it.

I think it’s good that the weakness is getting exposed, but it won’t be cut and dry. Strengths will also be exposed.

I think what is damaging to crypto is similar to what is damaging to any market, artificial scarcity.