This is such a popular fallacy: "people sneered at ${thing that became a big deal} and therefore ${thing that I'm a big believer in} isn't doomed to obscurity."

This is such a popular fallacy: "people sneered at ${thing that became a big deal} and therefore ${thing that I'm a big believer in} isn't doomed to obscurity." For every success story that people were skeptical of there have been a thousand failures that people were just as skeptical of. "People also made fun of ${success}" is meaningless as a defense of any technology. As I noted in my reply: middlemen are inevitable and already dominate the crypto space. If your plan for a crypto future doesn't plan around the inevitable middlemen you're already doomed to failure.