What’s Crypto Good For? Corruption, Exploitation, and Billions for Insiders
As with the subprime lending crisis, crypto appears to be more of an example of predatory inclusion than enhancing financial access.
Only a tiny fraction of homeowners at risk for default on their mortgages have sought or received help as a result of the government's recent plan. Most of the modifications that have resulted have been adjustments to payments and interest rates, rather than to principle.
From the Washington Post: