Bitcoin investors have certainly lost less money per capita than /r/wallstreetbets has lost on options trading. Regulation doesn't have much to do with it.
The existence of other, bigger suckers does not prove that anyone else is not a sucker.
Both types of trading (crypto and public market) are gambling. The difference is that some public securities have intrinsic value (dividends and voting rights), whereas crypto mostly doesn't.
Both types of trading (crypto and public market) are gambling. The difference is that some public securities have intrinsic value (dividends and voting rights), whereas crypto mostly doesn't.