[akamaozu]

This quote in the conclusion caught me off-guard:

> Crypto messaging does not appear to be directed at the rational or sensible.

[vondro]

Well, this piece has bits of reasonable analysis mixed with wishful thinking of central authorities it seems.

Don't ask the winery owner if their wine is good, as they say.

But anyway, it's very readable without almost any financial jargon, so anybody can read it and make his own mind on the topic.