I get the idea of DEFI, having permissionless exchanges, bringing in on-chain liquidity, and having automated market makers, makes sense, but a good idea and a good implementation are two different things.
The big winners are either initial LP providers, Developers and Hackers and the retail just lines up to get crushed and since it lives in a gray area no ones going to come save you from yourself.
I agree that greed is a powerful emotion, and markets can remain irrational way longer than anyone can imagine. Honestly for me, I'm just having fun critiquing the obvious issues people are ignoring and placing it on record so when it does go south, no one can say there wasn't someone warning them