I love blockchain technology, but am becoming increasingly disappointed with crypto and its user base. I can understand why the public has a negative view on crypto.

I love crypto and believe that crypto has a bright future ahead. There's a lot of great use-cases that can help make people's lives better. I used to have difficulty understanding why so many people have a negative view on crypto and attributed this all to a lack of education.

But I notice myself getting more and more disappointed with crypto and its user base, almost like a parent that has seen his kid do something dumb a few too many times, and can understand better and better why the public has a negative view of this space.

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There's so many scams, hacks, pump and dumps, and meme coins. Everyone is just chasing the next big hype, like the metaverse, AI coins, and now meme coins again. Who cares about fundamentals? We all know these projects are worthless but they go up anyway. Even all the news websites just focus on the dumb sides of crypto. Its all just so empty.

There's very little attention for actual use-cases and technology. And who can blame them? Crypto is so innovative yet its barely used after 15 years.

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Many users are also behaving like idiots and make silly mistakes or just engage in dumb behavior:

1. People sent $5 million in ETH this week to Ben.ETH in the most obvious rugpull in history
2. A Twitter user should have been a millionaire but gambled $1500 on the wrong PEPE because he did not check the contract address
3. A user sent $1.5 million to the wrong address
4. So many people know about the basics (self-custody, dont invest more than you can lose, etc.) but straight out ignore them
5. People were FOMOing into PEPE after over a 100x in just a few weeks.

These are all people with crypto experience! How is this ever going to get used by the public, including old people?

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Im starting to get a better understanding of why the public does not like crypto. And that makes me sad, because crypto's technology has a lot to offer and I wish people would know how great blockchain technology is.

Do you recognize my position or not, and why?