There’s a pure impulse to need to defend individuals who may not perceive these dangers. On the similar time, a significant promise of crypto was opening up capital markets to individuals who wouldn’t qualify to contribute to a conventional VC fund. That openness has helped make quite a lot of early crypto buyers rich, and so they have, in flip, funded startups and tasks that expanded the ecosystem additional. That wouldn’t be doable with the identical type of controls in place in fairness markets. I don’t know if there’s any option to minimize that child in half, and I’ve spent an terrible lot of time fascinated about it.
