Have you kept up with or found out about the crypto story in Argentina? Not sure how much there is in English, but the basic gist is that someone developed a memecoin or shit coin and convince the president (the guy who inspired Elon Musk to waive a chain saw around at CPAC) to promote it and link to a buy page on X. In just a day the price went up to a staggering amount and then crashed completely. A lot of people posted about losing thousands on it. And it seems one small group of people (probably the developers) walked away with something like 87 million dollars. The political opposition has been talking about it the whole week. It’s hard to know exactly the political effect yet, but I imagine the turn against crypto will be when enough of these stories affect enough people or create a sense of disaster that “normal people” will start asking what is to be done. (The story also lasted longer than a couple of days because of the not great PR spin/ message management. One of the main news channels aired the unedited version of an interview with the president. In it, the President stops to one of his advisors how he should answer a question. And the interviewer tells him on camera that they’d edit that part out).