Honestly I don't like eth at all for many of these reasons.
I was so excited when I heard about it...
Then I used an eth app.
Felt like I was trapped inside of Windows XP.
There's a lot of "dumb" money out there right now.
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Haha well it is not "dumb money" when they are making money.
No one is losing out so no one understands where the dumb money is.
I mean you're right but I imagine this scenario:
Person invests in crypto without understanding.
Slight correction hits so everyone actually checks out what they bought.
Panic sell because it's a turd/they don't understand it.
Yep. Cold hands happen.