[ADeerAppeared]

Look at Albania for why this is bad:

https://en.wikipedia.org/wiki/Pyramid_schemes_in_Albania

Crypto is different from things like housing (where the "bubble" is merely artificially restricted supply driving the price up, so it's a real price increase) or the stock market (Where the fundamentals are real enough that a crash in e.g. AI-stocks will hurt, but not be systemically-destructive. Nvidia, microsoft, etc are all still going to exist as very profitable companies)