Just imagine for a second if there was a bug in the US Treasury that let anybody order the treasury to print new money and deliver it to their bank account. That would rightly be seen as total incompetence by the treasury and cast doubts on the soundness of the entire monetary system.

But with ETH we have the community patting themselves on the back for it. It’s madness.

You are making a false equivalency when you compare crypto with usd.