"Magic money" is definitely something we have to change in crypto. I feel like all the bad news about hacks, pumps and dumps and other things helps the government with their crackdown. But there really isn't any way to change this since we are in a unregulated area and people just need to be educated.
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Exactly, it helps the government to feel justified in their witch hunt against crypto. The ideology held by many people could change and all this thoughts of someone making away with billions in dollars in DeFi is what most government holds without even seeing other aspects. It's something that should be bettered overtime
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