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mullingitovertoday at 6:17 AM0 repliesview on HN

I think a lot of the disdain for crypto isn’t a problem with risk taking for the purpose of productive ventures, as is portrayed in this analogy. These activities serve as part of normal and necessary market activity. The problem is that most of crypto is base ‘greater fool’ speculation, with the meme coins in particular being brazen rug pull schemes played out again and again.