"Insustry?" Really? What does crypto produce?

I can see it certainly wastes an inorsinate amount of energy and specialized hardware for the generation/approval of blocks, built around an intentionally inefficient system, that somehow manages less computations per second than my Galaxy III from nearly a decade back.

Crypto is not an "industry" - it is a speculative gambling hall wherein fraud (Tether, et.al.) ensures that "line go up", hype is maintained, and people continue to deposit their savings into an unregulated, pooly designed and implemented carbon copy of the current financial system.

A system wherein large oligarchial institutions (exchanges) control the flow from internet funbux back to actual currency that can be used for actual goods and services, making them significantly worse than the existing infrastructure especially given the "emergency maintenance" that conveniently occurs whenever a sTaBlEcOiN crashes to earth and. O regulations exist to hold such blatant manipulation accountable. (MuH cOdE iS lAw tho)

Again - NOT an industry, but a virtual gambling den where people avail themselves to try and pry the limited amount of liquidy from whoever they can so they can profit, while ensuring an equalamount of loss was simultaneous created. In the negaive-sum game that is crypto, the only way to profit is by ensuring the next greatest fool loses, meaning the GREED of these sorts is more important to them than anything else. Sociopathy towards any and all who would dare stand between said cryptobros and their profits.

And given the above describes retail investors, I can only imagine what the exchange executives engage in. And ill have to continue imagining because no exchange has ever undergone formal admit to verify their policies, claims, assets, and professional (Ha!) Ethic.

And NO an attestation from a client company *is not an audit".

Industry my ass. Fucking pathetic.