[logicalmonster]

The reason for anything complex in society always comes down to multiple reasons and many individual choices, but I'd say that the real core of it comes down to (far too many) people tend to mirror the opinions of their chosen media because they're scared of making a socially unacceptable choice. Media says crypto is bad, so people here say crypto is bad as that's the safest choice for them.

The really fascinating part of it to me isn't that crypto is currently abhorred here, it's the shift you're going to see at some point in the future when the rich+powerful folks have made their plans and fully packed their bags, and the media gets their marching orders and starts telling people that some future chosen crypto is good. You're going to have loads of people here turning their mindset on crypto on a dime and claiming that they really liked it all along with absolutely zero self-awareness.