> You need bitcoin exchanges for any kind of practical transaction. Not only that, people who don't keep their money on exchanges lose their coins all the time.
OK, what's your point? Nobody claimed it was perfect, just that it happens to be immune to the particular failure mode which happened here. Can you accept that that is true?
> This stuff just keeps on happening, but crypto folks always make some excuse as to why it's not actually a systemic problem.
What "stuff"? People losing coins? People lose cash all the time, does that make it a "systemic problem" with cash? They are just different technologies with different trade-offs.
It's understandable that you hate the cryptocurrency community but that doesn't mean you need to deny every possible advantage of cryptocurrencies.
