>Cryptocurrency is a pseudo-asset built around the dubious notion of “speculation for speculation’s sake”

No, some people think scarcity and trustlessness make it a good store of value. This is not even addressed in the article.

> Cryptocurrencies disproportionately victimize vulnerable people and those in marginalized communities without access to traditional investments or financial advisory.

I don't see any good evidence for this, the goal of many DeFi projects is to increase access.

Overall an unfair and needlessly inflammatory evaluation. The idea that all cryptocurrency is a scam that "masses of dumb money investors" buy into is overbearingly pretentious, and a non-starter for legitimate criticism IMO.