[orbit7]

I think there is a strong technological interest in crypto, Bitcoin kicked off a triple-entry bookkeeping system so there is a new tech interest and ability to make money in a new financial space, many good communities have arisen out of that.

There is many tech communities buzzing with blockchain related tech and some serious innovation, a lot of interesting new projects from lower cost faster international transactions through to distributed GPU rendering, identity systems, and the possibilities with NFT's have barely got started.

It's also a new asset class for investors with ETF's from BlackRock etc round the corner its evident it's a now a rapidly maturing space, what's happened with Binance is evident that regulation is starting to catch up, but its regulation being so slow and indecisive that has made it easy pickings for illegal activity to occur.

[aeturnum]

I think that there are a lot of legitimate reasons to work on developing new distributed ledger tech. There are interesting potential use cases. However, I do think that pessimistic list applies to most people who are currently investing a substantial amount of their wealth into crypto. Whatever the potential for the technology, most of the current use isn't great.