I agree with you 100%
It's people's own responsibility to research before investing money. Always educate yourself! People should get out of that lazy, instant gratification mindset where everything is spoon fed to them. They should really start excising those little grey cells and start thinking for themselves again - take back your power.
I also don't understand how people can gamble with money they can't afford to lose. Take educated and calculated risks when you can afford them, otherwise just don't.
Lastly, getting the government involved to "manage" from a centralized position goes against the principle of what crypto stands for. It's paddling backwards - we need to figure this decentralized thing out and yeah, so what if it's the Wild West right now, the Wild West played it's part in where we are today. Things will work itself out over time.
But the big thing with crypto and everything else in life, is research, research and research and then make an informed and educated decisions.
Sorry for the ramble.