Not gonna recap the whole news cycle, but pausing on this take:
"Seeing crypto bros get scammed, like did you really trust Hawk Tuah coin with your savings?"
A) No crypto bro got tricked and scammed. Not one. When we gamble on shitcoins after signing wallet tx's and linking chains by wrapping coins, that's us being us and at least having some expert knowledge in the space. We get that StarWarsKidPepe is a rug and we're gambling if we buy it on CrapPumpBotSushiWifHat dot vip.
rather,
B) Normies got scammed. The interview this team did w Coffeezilla said "we are trying to onboard normies and people who aren't in this space." Anyone with an ounce of crypto knowledge knew what was up. They ripped off lots of random kids and first time crypto buyers.
So this is the same as, say, a foreign couple getting off the plane at LAX, assuming that the city center is a safe place for tourists, then getting rolled on skid row, like "hahah what idiots, didn't they know better?"
No, they didn't. And this is going to be a problem with mass adoption, if we keep blaming the new adopters for not knowing what bundle sniping at mint means.
End rant, I just hate to see it. We should be white hatting the PnDers and reverse rugging bad devs. At least until the average crypto noob knows what I just typed.