I think most coins are Ponzi schemes. I still have a very small investment in a few coins, because why not. I was dumb and didn’t get out when I had a 4x return, but it honestly isn’t enough money to matter to me in the slightest. I also think this is an area that should be regulated in some way (or at the very least, the large exchanges should be regulated), because too many people are going to lose too much money, but I don’t think crypto should be illegal or anything.
I just don’t see the problem with her acknowledging that she knows people who have holdings but also that she doesn’t see the real value basis and thinks it is a space that should be regulated.
I can only assume you don't know who Christine Lagarde is because to suggest she doesn't understand money is not only ridiculous but bordering on offensive. Here is her wikipedia page: https://en.wikipedia.org/wiki/Christine_Lagarde
To say Lagarde doesn't understand money is like saying Paul Graham doesn't understand startups. It's absurd on its face. You may disagree with their philosophy but there's absolutely no denying their deep understanding of their respective subject matters.
'I'm going to let my child make his own mistakes, despite my view that it's a stupid idea'