Crypto participants just need to be told in fine print that what they are putting their hard-earned fiat money into is a black hole ponzi gambling entertainment business with little chance of earning real returns and/or ever seeing the fiat money again. Once it’s regulated that way, if people want to participate, then, like penny stocks, OK, have at it. Crypto popularity and enthusiasm and volume of crypto trading has already declined a ton since past performance is not looking so great.
The US public business Coinbase (COIN)’s primary revenue source is collecting trading fees off the gamblers trading crypto and since crypto is no longer going up a big amount in trading price, the business model of running a crypto scam bucket shop is not looking so promising. The poor GenZ millennial aged libertarian bums (ie the crypto enthusiasts of 2021) now need real fiat to pay rising cost of living expenses due to real inflation. Just wait and see when Coinbase’s audited financials are released in the near future.