I think this bull run is buying the rumour more than anything else. Pillow promises about crypto to buy votes from a shill who can create an eth token as his very own ponzi scheme seem less than a solid foundation for growth.
Still, the exit of some of the old white guys who have wealth based upon the old system and the lack of an ability to learn new tricks is a step in the right direction.
Slow and steady wins the race and I hope it is a slow burn upwards to regulate the flow of greed into crypto somewhat.
A little bit the rumor sell the news action then. I agree that they it's a step in the right direction. Do I think it will be perfect not at all, but it's a start.