First of all there never was anything "cutting edge". It was a nice prototype of p2p application for large and slow decentralized payments - a very niche thing

First of all there never was anything "cutting edge". It was a nice prototype of p2p application for large and slow decentralized payments - a very niche thing for very niche audience with a questionable mechanism in the form of Proof-of-work. But at least the argument of "unregulated currency" made sense to regular folk. The get-rich-quick hype that followed killed any reason or logic in this area. The following NFTs was a joke even to those who believed in the "next currency" idea. The following ideas of pyramids that mint you money while you stake your coins (I think) got even the most gullible ones reject it )))