People outside the circle don't understand why people speculate in cryptocurrencies?

South Korea is a very extreme example. 20% of young people speculate in cryptocurrencies. They have compliant exchanges, which is one reason, but the push for exchanges to be compliant is also due to the number of users. They are mutually causal.

This is actually sad. As a practitioner, I sincerely hope that we will not reach this level.

When the class is solidified and the upward channels are narrow, people will naturally choose to expand their risk exposure in exchange for higher potential profit space.