[j0hnyl]

The folks that I'm referring to as normies in this case, even though they might be technically literate, suffer from a lack of creativity. That's what makes them normies.

Personally, I'm fully against promoting crypto as an end all be all solution to economic problems the way that many scammers do. I'm even against trying to onboard the masses.

However, I see in crypto and smart contracts a green field of opportunity to experiment with unique forms and formats of human interaction using the medium of programmable money.

For example, I like how NFTs (despite many shortcomings) play with the concept of digital ownership. I also like how defi brings us unique financial instruments like flash loans, etc.

I think draconian regulation in this space will effectively squeeze a lot of these experiments out from under legitimate actors. It's a technology that is worth playing with. I think it's better to punish bad actors rather than raise the barrier to entry for the tech.

Of course you are right that enthusiasts of the technology would have a confirmation bias, but the opposite is also true. The confirmation bias here is that this is de facto bad.