The entire crypto space is overblown in terms of market value. Most people buying it have no idea what it is, they just like green bars. But notice that it's ha

The entire crypto space is overblown in terms of market value. Most people buying it have no idea what it is, they just like green bars. But notice that it's happening on the normal stock market as well. A big crash would irrationally discredit the technology in popular culture for a few years, because critics will point at the morons (or are they just people who can smell the imminent collapse of our financial system?) buying random coins trying to get rich. That's a problem because now is a crucial time for "choosing sides" so to speak. If crypto gets disowned by popular culture then it might get bagged and thrown into a closet by proponents of centralization (states, corporations). Perception is important right now, but as long as it doesn't get snuffed out by politicians it'll keep evolving - and people will just buy in again after the crash. So I'd say this: it's bad if crypto is the only market that crashes.