There is a moral case against crypto

It’s always amazing how far behind the laymen (or woman in this case) are in their critiques of ‘crypto.’ Seeing unfounded concerns before the last bull market was my signal.

If you really want the best critiques of any crypto, it will always come from someone working on or otherwise invested in a project they believe to be a competitor. This article is low quality by any standards - I as a hardcore believer in the innovations behind Bitcoin (not necessarily the bloat and scams rampant on today’s smart contract implementations) I could write an article an order of magnitude more critical than something like this.

I understand how annoying it must be to watch risk prone individuals who know as much (nothing) about crypto as yourself make huge profits and evangelize their investments despite their ignorance, but that does not give the common laymen with the opposite disposition any more authority to shout their equally uninformed opinions - though clearly neither party cares.

Typically the people that do care about being intellectually sophisticated on crypto either try to innovate, concede Bitcoin has the robustness to be claimed ‘safest’ or defer to others who do.

I remember the first large crypto wave, when bitcoin shortly shot over $1k. Just for it to sit under $300 for around few years before bouncing back... And bounce back it did.

I'm sorry but people like this have no idea what they are talking about.

Crypto will go back up, it may be 3 years from now who knows.

I appreciate this article for brevity however wonder if it can convince someone who is not yet convinced that cryptocurrencies (at least at current stage) are more harm than good. I'd like to hear opinion of people who stil are wraping their heads around the subject.

Bad claim, or at least bad headline. Regardless of whatever feelings or ideas one has about crypto -- if you start with there is a moral case, and end up with multiple very different arguments, you've pretty much failed.