Crypto skeptic here. Here's my major point of contention.

Hypocrisy.

There's an entire layer of what I consider to be bullshit talk (the technology, saving the world from banks, fair economy and so on), while everyone's motivation is actually to get rich from trading in the next bull run.

I might upset some people, but from the outside, it's an unregulated stock market wanna be, run on selling the hope of getting rich quickly.

In addition, while the crypto part is ok, the currency aspect is inherently failed because the incentive mechanisms reward every use case other than being a cheap, safe medium of exchange.

Add to this that the environment is heavily populated by scams and grifters, and you get why one tends to accept Bill Gates' "greater fool" theory regarding crypto.

I'm not trying to inflame anyone. If anything, I'm looking to get some education from people who think otherwise.