Dude, technology changes, human nature doesn't.
Go back to the famous "stock market crash" of last century, people committed suicide by the dozens, hundreds in fact!
Then the regulations became a lot stricter and the conflict of interest issues along with the collusion issues were sorted out and the market became the strongest in the world.
History has a way of repeating itself, for one simple reason "people will be people".
Don't for one second fall victim to the idea that "this is all honky dorey".
I may be new to this game, but it is so obvious that we are watching a rerun of the same BS that people did when they abused and raped the stock markets prior to to the Great Depression.
The only difference now is that technology has gone so far ahead of its time that the Crypto market won't result in a "Great Depression" it will in a matter of minutes get back up on its feet as now it takes milliseconds to do what back then took days, weeks or even months to achieve.
;)
I think crypto has great potential to help with some real world problems (greed being a huge issue)...but given the chance people with $ will probably destroy it - people kill what they fear or don't understand.
Cheers for the thought provoking comment