[wpietri]

Not sure why you're getting downvoted. Are there possibly some uses of crypto that are a) value creating, b) socially positive, and c) not more easily/cheaply solved with other technologies? Sure. But it's got to be a small fraction of total money put in.

From MtGox to FTX it's been more than a decade of incompetence and fraud. I'm sure there are sincere people who were just excited about the technology who are devastated that the grifters and criminals rushed in to take advantage of their regulatory vacuum. But if they are truly sincere, they can't deny the massive problems in the space.