«This is exactly why crypto is such a disaster.»

Correction: this is exactly why MONEY is such a disaster.

There has always been scams involving money since, well, since money was invented. You guys portray crypto as being particularly terrible, but the truth is there are hundred times (or more) more money being lost to scams involving the US dollar or the Euro. Crypto is no better or no worse in this regard. Some people will always make dumb mistakes with their money. For example just in the US alone, last year, $5.8 billion was lost to fraud: https://www.cnbc.com/2022/02/22/consumers-lost-5point8-billi... that's excluding 7.6 billion people outside of America, or money lost to causes other than fraud (eg. theft), etc, etc