Comment by lizknope

Go on reddit and you will see a lot of people who invested thousands or even hundreds of thousands of dollars in terra/luna, celsius, and various other crypto companies. There have been suicide help lines posted at the top of many of these forums.

Are these people adults? Yeah. Should they know better? Yeah.

The question is should we do anything about it? The Super Bowl is the most watched television event every year and there were lots of crypto ads this year. Do people need to be protected from themselves?

We have regulate the traditional financial industry. We put warnings labels on cigarettes. My view is that we need even more regulation of the traditional finance industry and apply those same regulations to crypto.