[lampshades]

> But without some form of regulation, either by the broader crypto community itself or by governments around the world, situations like the LUNA/UST collapse will keep happening.

I don't understand what's so bad about just letting it happen continuously. People will eventually learn and if they don't, they don't.

[mensetmanusman]

Because the winners gain real money/weapons/power to continue to exploit the low-IQ and eventually the crime spills over into your safe world.

[ProjectArcturis]

Same reason we have laws against Ponzi schemes and other fraud.