Maybe but when it comes to blockchain, I dont believe there is super pessimism.
There is no way to power the value of decentralization....anything that stands in the way of it will get run over. Blockchain is simply that powerful.
We saw what the Internet did to things that got in its way...and this is much more powerful than what happened 20 years ago.
The DIY era was dead for about 30 years. It is coming back in a huge way. You created an app that required Google and Apple to approve.
On here, you could create whatever you want and put it up. The cool thing is so can 100K other people.
Established power structures, which are centralized, cannot stand up to it. That is why all calls for BTC's demise are pre-mature. It is a blockchain that is too powerful for the bankster to stop.