Cryptocurrency needs to be throttled

Tightly regulated, at the very least. I've been waiting for a while to run across a really righteous rant about the stuff. Here it is.

But the story of cryptocurrency is about more than just a bunch of gullible people losing their shirts gambling with Monopoly money. Cryptocurrency mania is part of a the same social forces that created libertarianism, rising fascism, and Donald Trump.

It's all rooted in the overblown sense of entitlement held by a lot of Americans — especially white Americans, and especially male Americans. It leads them to believe they are above having to live with the same social contract that binds the rest of us. Millions of Americans have decided that they not only can, but should, cheat the system — even to the extent of having separate currency systems. The result is that social structures we all rely on are starting to get shaky and, in some cases, are already on the verge of collapse. - Salon