> with all the extensive shorting of crypto this amazing early insight must have allowed you to execute.

Those who have these insights usually also know the aphorism "markets can remain irrational longer than you can remain solvent".

Knowing that something is a scam is very much not the same as wanting to get onboard with the scam.

> with all the extensive shorting of crypto

You mean in unregulated centralized exchanges like binance and FTX, whose entire existence depends on the existence of these Ponzis? When they can just press a button, cause a flash spike, and liquidate all of your winning whenever they feel like it?

Yeah, I'm sure that works perfectly. After all, why would they be dishonest?

The volatility of cryptocurrencies makes shorting them risky. Even if the eventual value is zero, they might go up to any arbitrary number between then and now.

That is one outcome. A person like that however will get another chance to change their mind.

Another possible outcome is that people will pretend the whole thing didn’t happen.

(From the viewpoint that it is possible to learn from other people’s mistakes, people are already pretending the tulip bubble, law’s scheme, 1829, 1969, 1999, 2008, etc. didn’t happen. That Charles Dickens, Emily Brontë and the other authors of those awful Victorian novels lost their money in railroad bonds. The difference is railroads go somewhere, Aries don’t.)