Stephen Diehl: Crypto is ‘commoditisation of populist anger, gambling and crime’

This is absolutely true, there is no legitimate use case for crypto.

If it means that all the scams are reduced and regulated and banned out of existence then so be it.

We need to put the final nails in the crypto coffin, it needs to end.

“The average person needs to be able to tell you as a matter of common knowledge why investing in assets that have no intrinsic value is a bad idea.”

Sounds like the Federal Reserve and the other central banks are loathe to have any competition...