I suppose I am reacting to this like I react to people who get into financial trouble using pay day loans. Yes they are foolish for getting a loan from a legalized loan shark but people do get that desperate all the time. I have been that desperate before, although I never planned to get or got any loan.
I am blaming the system. Laughing at the people who lost out because they were victims of the system is not going to persuade them to fight against it. There is a huge difference between a billionaire who lost a few hundred BTC, and the working class person who was persuaded by a cryptocurrency advocate to invest and lost a few BTC.
Going by the amount of schadenfreude about this I expect that even fewer of the financially poor victims will be open to being told that the game is rigged against them, and the best thing to do is never play. I also know that a lot of people will never change. I still try despite this, just one person changing viewpoint to agree that fighting against this is a good idea is worth it, though obviously I would prefer a lot more.
