> Market is young, people greedy and as a result we got this domino of falling companies.
People are always going to be greedy. I'm not sure what you think will change in the future that will make large actors in the cryptocurrency space behave any more ethically.
> Proof of reserves and audits are extremely easy in crypto and it doesn't require any regulations.
A. So why is no one doing them regularly?
B. Is "proof of liabilities" similarly easy? What stops a company from taking out a massive loan "off blockchain" using their blockchain assets as collateral?