At first glance, cryptocurrency seems to be the living embodiment of everything that I hate. The gauche pursuit of wealth, limitless self-congratulation, bad art, and hypocritical insider corruption are basically a shortlist of all the things I loathe most about our contemporary culture and economy. The recent Lehman Brothers-but-dumber implosion of FTX and its Sam Bankman-Fried is just the latest debacle for an industry which, lured by the prospect of easy money and a regulatory environment even less constricted than Wall Street, seems to have attracted some of the worst people that our society has to offer. The fact that Mr. Bankman-Fried, himself a migrant from Wall Street, was reportedly running a