> What happens when everyone recognizes that the whole thing has turned into a money laundering grift?

Part of the problem is that this seems to describe most of the economy now. Maybe not specifically money laundering, but it’s all a grift whether we are talking about Binance, OpenAI, or Skydance-Paramount. There are grifts everywhere which just encourages more grifts as people see the resulting success and lack of consequences.