I hope I'm just not reading the headlines right, but it seems like there's national interest in using the treasury to bail out people who lost their asses in the Luna crash, and add crypto to the list of insured deposits.
Since the prevailing argument against bailing out student borrowers is, “why should I have to work to pay for your useless gender studies degree,” I think we all know the correct response to this idea is “why should I have to work to pay for your stupid monkey cartoons?”
I am aware of the distinction between crypto and NFTs. I'm generalizing.. but also, you know what units of currency NFTs are valued in.
College may be useless in some circumstances, but crypto is useless universally, and if we're going to start paying people to waste electricity, we have justifiable cause not to pay taxes.
I keep hearing “but CEOs make so much money because they assume the risk!” The people bellyaching for this assistance have net worths comparable to the loss from the crash. They could write a check right now to all the people they ripped off.