The author is pretty much spot on with my thoughts oftentimes after being in crypto since 2013. But that is also my thoughts when I'm deep in the weeds on anything and focus on the negatives or put a negative spin on it.
There is a lot that I don't like about the crypto industry. The author addressed a lot of the issues but I would say knowing that Bitcoin worked better in 2013 than it works now is pretty sad. The inability to scale is sad.
Also seeing all the scammers doing way better than legit projects and legit people in the industry. It is pretty embarrassing.
So much of this industry is just making a crypto that will make you more of that same coin overtime. We see that with so many projects but most of the time the crypto isn't being used for anything functional.
You almost can't really sell something in this industry that is something in real life because unless you position it that it is going to make someone rich people don't care about it.
Also nothing makes sense oftentimes. The pumps are unpredictable and supply, inflation, functionality seem to have little correlation.
We could rip apart the supplement industry the same way. The energy drink industry. The fitness industry. The makeup industry. The wedding industry. Funeral home industry. Pretty much anything to be honest.
Once you are deeply involved in something you find out all aspects of it and it is easy to get burnt out.
I guess I will still promote the good parts of crypto and if someone buys a shirt, jersey, hat, or buys a ticket to a game they will actually be entertained and get something real. Big IF....on 2020 with the virus but it could still happen. Probably not in California.