[douglaswlance]

Did the failure of Enron mean that the US financial system itself is a scam?

If not, then why should a scam on a blockchain be evidence that that blockchain itself is a scam?

[ceejayoz]

Enron was followed by regulation reworking the system to prevent it from happening again. https://en.wikipedia.org/wiki/Sarbanes%E2%80%93Oxley_Act

There's little indication the crypto ecosystem is inclined to do the same. See, for example, Tether's continued core role despite years of lying about audits and getting caught cooking the books for their attestations.

[lottin]

Enron wasn't a bank or a financial corporation.