The point is the window to buy was 2-3 hours: you had to be ready to trade, and watching either charts or being on a discord or actively checking X and with cash in an account.
People lost money but I doubt there was much collateral damage
People lost money but I doubt there was much collateral damage
Older people have seen one hyperinflation, a few high inflation periods, sudden jumps in prices, perhaps two or three bank runs followed by confiscation of the deposits exchanged for long term bonds, and I may be missing a few "interesting" events. They don't trust anybody anymore.