crypto will just turn into a millionaire’s playground and the dreams of bringing financial freedom to the masses, and breaking down the walls of a broken system will remain just a ridiculous fantasy
I’m pretty sure crypto has primarily been this way for a while now. While the development of projects/tools/those mysterious killer apps rely on investment from those who benefit from the status quo, nothing will change.
We could move beyond the millionaires’ playground, but few millionaires (or billionaires) will fund anything going in this direction. Relying on this is like waiting for the government to tell you how to overthrow it - they might make a mistake, but would never deliberately do such a thing.
(On a related note, when cooperating with governments, even grossly unjust regimes, is more profitable than resistance, you can largely forget about help from the aforementioned millionaires in that regard.)
Every new technology started as a millionaire's playground. Radio, TV, automobiles, computers, VCRs, the internet... It is the risk-takers with the wealth to spare who lay the foundations for progress. Sometimes they win big, sometimes they lose everything. Crypto has turned this around somewhat when new coins can be mined independently, or in the case of STEEM, earned by adopting the platform early and creating quality content.