Unfortunately the “cRyPto inDuStRY” is mostly broke teenagers and twenty-something’s hoping to get lucky and hit big. It’s gambling lite and you can do it from home and call yourself an “investor”.

They are too inexperienced in life to realize wealth is a long game. Unfortunately, some choose to learn these lessons the hard way.

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Agree 💯 but Gambling heavy, not lite, I think.

It’s sports betting for people who think they are above sports betting.

It’s bad incentives chasing after quick high time preference gains.

For some, pain is the only lesson that will course correct.