Crypto has been the biggest display of collective stupidity by our species yet. It was proposed as a decent idea, but the reality just became a vortex of gluttony and skullduggerry.
Blockchain is completely useless in the first world, nobody is using smart contracts or dApps. Nano delivers the original promise of crypto and nobody is using it because its unnecessary, it's not solving any problems because the first world already had instant feeless transactions. Nobody is using crypto to buy anything legal, its entirely an investment with the hope of getting rich quick for the vast majority.
A bunch of of circle jerk communities dedicated to spamming low iq social media platforms, and a seemingly endless supply of fresh fish to keep it all going. It's all worthless, bitcoin and eth are 2 of the worst projects technically and fundamentally, which tells you the coin price has no connection to technical merit.
2% of bitcoin accounts hold 80% of the bitcoin, it's a reflection of the already existing inequality in traditional wealth. It's not decentralized, it's not revolutionary, its complete garbage and a disgraceful illogical waste of energy and resources, with multiple horrific knock on damages like the gpu market. I pray that its outlawed but when the average iq of the species is 100, I dont have much hope.