I mean, the legitimate stuff is all still there and it’s all still growing. But it was eclipsed by a bunch of assholes trading tulip bulb scams. Now that the scams are no longer profitable and have mostly pulled up their stakes, everyone’s like, “Well I guess crypto was a bust, then!”
No one blames tulips for the bulb bubble. The bulbs all still worked just fine after the tulip market crashed. But you didn’t see it filling every page of every newspaper anymore, and that’s a good thing.
Of course there is also the fact that you basically cannot use crypto for any legitimate purpose anymore due to draconian AML laws that have been passed in the last ten years specifically to fuck with crypto.
I mean, the legitimate stuff is all still there and it’s all still growing. But it was eclipsed by a bunch of assholes trading tulip bulb scams. Now that the scams are no longer profitable and have mostly pulled up their stakes, everyone’s like, “Well I guess crypto was a bust, then!”
No one blames tulips for the bulb bubble. The bulbs all still worked just fine after the tulip market crashed. But you didn’t see it filling every page of every newspaper anymore, and that’s a good thing.
Of course there is also the fact that you basically cannot use crypto for any legitimate purpose anymore due to draconian AML laws that have been passed in the last ten years specifically to fuck with crypto.
Out of genuine curiosity, what’s the legitimate stuff?