This is absolutely true, there is no legitimate use case for crypto.<p>If it means that all the scams are reduced and regulated and banned out of existence then so be it.<p>We need to put the final nails in the crypto coffin, it needs to end.
“The average person needs to be able to tell you as a matter of common knowledge why investing in assets that have no intrinsic value is a bad idea.”<p>Sounds like the Federal Reserve and the other central banks are loathe to have any competition...