I commend the author for such an extensive piece, I am sure it took some time to write and put together. For me, Bitcoin isn't really the problem. If anything,

I commend the author for such an extensive piece, I am sure it took some time to write and put together. For me, Bitcoin isn't really the problem. If anything, I would be happy if Bitcoin remained the cryptocurrency. And, maybe Ethereum, since I respect Vitalik's work on it and his determination. Problem arises with all the other "shitcoins" and all the stink they bring with them. There is absolutely no valid reason to invest in alternative crypto (coins, NFT, etc,.) because it has no real-world use or direct application for the individual himself.[0] And everything that will follow in the coming 12 months, it will be merely an attempt to validate it. Web3 (the crypto version) is hyped up so much that will inevitably face the music when an avalanche of tribulations come crashing down on it. [0]: The argument that you can use alternative coins to replace expensive banking in poor countries is acceptable, but I don't think that is the point here.