I noticed many of the same things a few years ago. 2013/2014 was a big eye opener for me. I thought the majority of people into crypto were into liberty and finally ridding themselves of the bankers. I realized after awhile that was only a small percentage of those into crypto. The majority were into the profit potential and I saw a lot of people lose interest when Bitcoin dropped from 1000+ to under 300.
The good news is an active minority can move things in the right direction. The people gambling aren't the ones innovating.
Thanks for the article it was a good read.
Same thing will happen shortly. Many later adopters will sell at a loss and wait until the next bull run.