Why is it always the common people who suffer for greedy mistakes of top rich Individuals? We Deserve Stability!

When something bad happens with an exchange, a Crypto Project or a Bank. It is always the common people who suffer from their mistakes.

In India, recently, many banks close down due bad loans they gave out to some firms. When the same thing happened with FTX, I just realised how we all are still getting scammed by same top rich Individuals under the name of crypto.

Of course, everyone should have done their due diligence on FTX. Maybe they might have understood how bad of an exchange it is. But sir, till last month, There were so many articles coming out every week, about how good of a person Sam Bankman-fried is. How he donates all his salary. And all that stuff. How do you expect a common man to find something bad about a project in all of this good noise created by media using money, which again is only accessible to rich people.

All this just makes you think, no matter how decentralised we get, if top rich people are managing that decentralisation, it will never truly be decentralised.

Here's my two cents of frustration on this situation. Thank you for reading.