I think it is similar in that it is possible for a fund to become insolvent, but consumers are protected by the Investment Company Act of 1940. This requires the companies that run mutual funds to rely on a custodian bank to hold their assets. This way, if the fund does go bankrupt, the company operating it cannot access them to ensure that investors are paid out instead of being rug pulled. It limits the amount of leverage the fund can have, requires them to maintain a cash buffer, and required them to report regularly on their financial condition.
Fraud is still possible, of course, but consumers have WAY more protections with fiat investments.
You might be right, but "serious" tools have to start somewhere. We shouldn't be trying to shut out new ideas and approaches because we feel that there are too many different tools available. Any project should be judged on its merits. And any ecosystem needs new projects to move forward. If you don't like it, don't use it.
So? It's not surprising that the internet played a significant role in the coup. It plays a significant role in everything.
The only evidence I see here of "cyberpower" stopping the coup is Erdogan having given a statement via FaceTime on television. Yes, that's amusing to see, but it doesn't tell us anything about coups.