[whatshisface]

Now that the bag holders include major investment houses... Well, if it's possible for a scam to have a successful "exit," that's what happened. They used their funny money to tap in to the real funny money. If all cryptocurrencies went to 0 tomorrow I wouldn't be surprised at all if some part of the "real" financial infrastructure got caught and there had to be bailouts, which we've learned is what happens when the wrong people lose a bet.

There's too much money in the system now for it to all be from mom-and-pop marks. That's just not a viable explanation at these market capitalizations. That's not to say that average people aren't going to find out that they're long crypto - but it'd be in the way they found out they were long real estate.