Crypto critics have had a very good year. Much of what they predicted has come to pass: that high-profile projects would be revealed as Ponzi schemes; that security lapses would lead to massive thefts; and that average people would be left holding the bag. Bitcoin, which was trading around $67,000 in November, is at $21,570 today; plenty of other cryptocurrencies are much worse off.
As I noted here last month, though, on social networks it can feel like the crypto crash really never…