It’s about time all this wild speculation crashes to a halt. The bubble bursting will devastate a lot of people who put their money into crypto, but every day those prices keep soaring higher makes the eventual collapse that much worse.

There are a few really interesting projects that have come about because of cryptocurrency innovations, but the vast majority of crypto assets see no real-world use. Most cryptocurrencies are predominately speculative assets, and I believe most cryptocurrencies today are a genuine danger to the public.