Lots of hype, for sure, but this criticism is too hard for what is still a still nascent frontier technology.
The innovations you listed in "last century"- PC, internet, etc - both went through their fringe, hobbyists-and-nerds-only phases, during which their future value to society was totally unclear and uncertain.
Only in hindsight are these technologies impacts obvious.
While I couldn't agree more about the fact that there's ridiculous hype and (most annoyingly) greedy speculation in crypto, I for one am hugely excited and optimistic about the potential society-changing implications of the this tech.
The innovations you listed in "last century"- PC, internet, etc - both went through their fringe, hobbyists-and-nerds-only phases, during which their future value to society was totally unclear and uncertain.
Only in hindsight are these technologies impacts obvious.
While I couldn't agree more about the fact that there's ridiculous hype and (most annoyingly) greedy speculation in crypto, I for one am hugely excited and optimistic about the potential society-changing implications of the this tech.