I wasted years of my life in crypto

Cynically reduced, tfa reads as: "I don't like what the population is choosing to use their brand-new Freedom for", but claims to say: "The promised freedom did not materialize."

If crypto allows people to do something that was previously not possible(order drugs in the mail with the convenience of amazon, invest at consistently insanely chaotic conditions, run multimillion hustles with total impunity) versus doing something that was possible already, just re-skinned(make bank transfers), then it's really no surprise what will see better adoption. The biggest value-add is in the degenerate stuff.

> "I don't like what the population is choosing to use their brand-new Freedom for"

I think this is a totally valid conclusion, especially for someone growing out of Randianism. It's yet another Chesterton's Fence, or someone discovering that the safety rails were there for good reasons.

I'm not sure how we got from the massive international overreach of https://en.wikipedia.org/wiki/United_States_v._Scheinberg to "sports gambling is now endemic and everyone has trading-themed gambling apps in their pocket". It seems like gambling is too cancerous: you can't just have a little gambling in a corner somewhere, it will take over everything if allowed to exist.