Taking in all that is happening in crypto since it's inception way back in 2009, or some 14 years ago we have seen adoption and invention. The growth has been substantial.
Yet there are some pretty major issues/ trends. Shortly summarised by:
Scams, cons and stealing: I mean from shitcoins where people should know better, malicious code, to morally bankrupt people like Sam Bankman it is endemic. Like it or not Crypto is now heavily associated with getting scammed, with no end in sight.
Usecase: A large majority of users are just buying a coin/token and holding. Not interacting ecosystems or going further than wishing number to keep going up. It means once people lose faith in further price increases they have nothing else tying them into ecosystem.
CBDC and Regulation: They're coming and alot of the current projects and markets don't seem to be preparing.
This isn't a crypto is dead post, but more seeking some discussion around the idea that it is assumed crypto will just keep getting adopted. This drives alot of the logic around future price expectations.
With the issues at play above do you still hold that idea?
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