So somebody is making mad money from arbitraging them?
>Decentralized markets often cause the liquidity provider to lost value from “impermanent loss”
Someone's loss is someone's gain.
>The capital controls thing is a fairy tale. When was the last time someone accepted a ruble in exchange for any major crypto currency? If someone can but BTC with a dollar, why don’t they just evade the control with their dollars?
Please try sending money from China to the outside and report back.
>Major cryptos are all down 20%+ from their peak. That’s wild inflation.
You can do other things with assets than "buy and pray".