Moral Hazard: the dapp pump and dump ecosystem, other people’s money, smart people,and the prospects for a long-term con in order to force the non belivers into buying in

There are a lot of people that feel guilty for enjoying the Ether price rise. If they make money they have guilt. If other people make money and do not have guilt they see a problem.Crypto has dominated many people´s lives since the 1990s. Even if the people had nothing to do with crypto it is important to talk about the 90s to increase, prove and measure your importantce. Then a lot of people that were into 1990s crypto suddenly became greedy in the name of gold, e-gold that is ahhhrrrrrr (pirate voice). That lead to an abrupt change in direct for many future thought leaders and gurus, was this dangerous? Many that were still dealing with guilt backed away. Now these now thought leaders have an eternal meritocratic chasing the dragon syndrom. They always jankered for the unregulated free market free world. A free world of free financial transactions using networks that trust each other. This was back in the day before most of you reading this were taking a poo. The first real phases of world decentralization since it was not already decentral.

I may even have met Vitalik . I would never know.

Since the DAO failed a lot of Blockchain Thought Leaders (BTL) have had to rethink their old stance. In the past they thought that they wanted a fair level playing field. Since this lead to the failure of the biggest blockchain project ever, then something MUST be wrong. What can we do to make things fair? If I invested in a risky project I should be able to gain, just like the people did with e-gold. Since I missed that I will just adjust the rules to fit my narrative and self interest.

The issue is this: Humans are irrational, and the Human investor can be gamed. Therefore we need to change humans to make them rational, only then will we have a level playing field and world peace.

If someone said "FIRE" in a movie theater and charged you 5 bucks to exit , would you pay? If you would then you are the sucker, too bad. No level playing field will help you. That is the problem. The unwillingness to face the face of the human head on.

The DAO hack is not - THE PROBLEM- it is only -ONE PROBLEM- some organizations will not be able to launch the IPOs they need to fund the world changing projects now. People learned that paying 5 bucks is a scam even if some smart dude tours the world telling you that it will be the thing that changes the world. Now there are SEVERAL PROBLEMS. All of the projects that were set for a similar release and funding are going to come under the microscope of humans, humans that know they should not trust other humans. We need a way to gloss over this so that the organizations of con systemes can get their IPO releases on schedule.

Without the IPO releases on schedule there will be no funds in order for the new order of blockchain smart contract ditro legder masters to tour the world explaining how their projects are the single way to world salvation and world peace. If you do not feel guilty now, you should.