The issue many "folks like us" have with crypto is not that it "will never work" but precisely that it works all too well facilitating scams, asset bubbles, ris

The issue many "folks like us" have with crypto is not that it "will never work" but precisely that it works all too well facilitating scams, asset bubbles, risky lending practices, financial hacks, ransomware, and various kinds of illicit financial activity (wash trading, money laundering, etc.). With say, I don't know, quantum computing, there is an understanding that it has its own issues but that these are improving and we will eventually find good use cases for this technology. People are upfront about the costs, the risks, and the very fact that it is developing still. In the current market froth, this is not the case with cryptocurrency which - despite several major hacks in the multimillion range, rug pulling, questionable stablecoin pegs/reserves, not to mention the rather serious technical challenges - people are insisting already is the future. People are not so pessimistic about quantum computing and other developing technologies because those are not inherently harmful as cryptocurrency has proved to be.