The fact that it's a market at all, when at best all of it is backend fintech projects. Even Bitcoin should really just be the protocol people use for setting up their own transaction infrastructure. Like HTTP or email. It's basically the open source version of Eftpos or VISA, wouldn't surprise me if Satoshi is actually an ex business banker or fintech developer or something like that who pieced together a transaction system along cryptography just different enough not to be immediately identified as a leak from some major bank. But the alts on top of that are mostly absolutely worthless and needless. And none of them deliver tbh. I've been watching this since 2013 or so, none of the alts from then do anything anymore, and that's the good ones that were worth remembering, for every one of those you had a dozen shitcoins that were never going to amount to anything and everyone knew it.
What's heartbreaking also is how badly STEEM is faring which after everything you might have against Ned or Steemit Inc or whatever it actually WORKS. We are right here using it right now, to communicate. Yes they talk about how SMTs are going to be a game changer, but already STEEM is a game changer. Yet no one cares at all, even the devs went on to make EOS even though they could work to make STEEM better. Quite sad really, that says more about people in general than the STEEM devs, who really did try and actually delivered something functional. Frankly it outs how much rank garbage the crypto space is when a functioning platform gets no attention and instead the next shitcoin is just around the corner promising people the moon and delivering nothing.