Comment by hoppp
Crypto pretty much failed to deliver anything promising other than the original idea and its been reduced to pyramid schemes.
I say this as a builder who already had to pivot 4 times, the projects are either scams, gambling or killed by regulation.
Its not possible to have a legit ethical legal business in the ecosystem. Builders build then they realize the projects have no future and move on.
I get where you’re coming from. The space is rough, and a lot of what we see today really does look like speculation loops and noise. But I don’t think crypto failed. I think it’s still in the middle of figuring out its real gravity. Every major technological shift starts this way. The truth is that attention, liquidity & belief are still being shaped. the speculation is the infrastructure. The same mechanisms that look like gambling today are the same ones that will power the next generation of real financial and social systems once they mature. The hard part is staying long enough to see that transition happen.