The ideas behind many of the projects are good on paper, but in my experience it seems that many of the people involved can't be trusted. I don't know whether

The ideas behind many of the projects are good on paper, but in my experience it seems that many of the people involved can't be trusted. I don't know whether it's because the lack of regulation (or rather enforcement of it) in the space attracts the con artist types, or whether it leads to previously honest people committing frauds when they realize they can get away with it. I've heard ideas about how the industry could regulate itself to keep bad actors out of the way, but I've yet to see any real progress. Whatever regulation happens at this point is deserved imo.