I agree with this wholeheartedly. Bitcoin so far hasn't delivered (I refrain from calling it a failure) on it's primary premise: being a currency. People toutin

I agree with this wholeheartedly. Bitcoin so far hasn't delivered (I refrain from calling it a failure) on it's primary premise: being a currency. People touting that there are some hundreds of thousands of transactions a day miss the point. Those numbers are absolutely puny for something that is meant to be a currency. The unfortunate story here is that a technically and fundamentally interesting idea has been turned into a total cesspit by the influx of money and greed before it could escape it's roots of ideological purity and adapt to the realities of human society. The starry eyed technologists who were unfortunately not well equipped for the gnarly world of finance got replaced by financially better informed "businessmen" with shady motives or outright frauds. In the eyes of the broader market, cryptocurrencies have been tainted by black market dealings, non-stop high profile scams, excessive volatility, lack of liquidity and near-zero useful acceptance for retail transactions. I won't even mention the large number of zero value-added ideas that offer nothing beyond what could also be done without blockchain, but just wanted along for the ride. These further diluted the already thin trust. As much as I shudder at the idea of a Big Tech Co. launching a cryptocurrency, perhaps that'd would have been the one winning shot that the concept had about 2-3 years ago. If Googlecoin or Facebookcoin materialized before either the tech companies or the concept of cryptocurrencies turned into demons, some good could've actually materialized. Am I too jaded here? Maybe. But after so many years and no killer concept materializing, one has to start asking questions. The other "fads" of the last decade (AI, VR/AR, EV, etc..) actually continue to deliver ever more amazing innovations, putting the stagnation of crypto into a rather stark contrast.