> But without some form of regulation, either by the broader crypto community it... | Hacker News

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		lampshades on May 14, 2022 \| parent \| context \| favorite \| on: Luna Cryptocurrency Collapse: How UST Broke > But without some form of regulation, either by the broader crypto community itself or by governments around the world, situations like the LUNA/UST collapse will keep happening. I don't understand what's so bad about just letting it happen continuously. People will eventually learn and if they don't, they don't.

mensetmanusman on May 14, 2022 | [–]

Because the winners gain real money/weapons/power to continue to exploit the low-IQ and eventually the crime spills over into your safe world.

ProjectArcturis on May 14, 2022 | [–]

Same reason we have laws against Ponzi schemes and other fraud.

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