[SamoyedFurFluff]

One of my concerns about cryptocurrency is the potential for the lack of regulation to allow for scammers, pyramid and pump&dump scemes, etc. I’ve heard of more than one undereducated immigrant family having life savings absolutely devastated due to this in a way that one would at least have case law and existing recourse if this happened in a traditional structure.

Additionally I doubt that cryptocurrency is disrupting wealth inequality. The major participants were all wealthy to begin and all of the increased interest seems to circle around the most wealthy… so it actually just contributes to wealth inequality. (In the documentary there is even apparently an mmo that people play to earn cryptocurrency tokens that goes into the wallet of an employer who then pays them a wage, with performance reviews and firings. Idk this looks to me only of recreating the same wage slavery and wealth grift that the original money system has.)