Crypto has governments and institutions backing it, but the ecosystem feels broken because people only care about making money, not building technology. Bitcoin was supposed to be peer-to-peer cash but became a store of value instead, losing its original purpose.
Crypto is completely broken. Everything that we've ever wanted to happen for crypto is happening, yet somehow it literally feels over, or like boring, or not even exciting. Crypto is slowly becoming the global infrastructure for a new financial system. We've got countries, governments, huge institutions adopting the technology and actually trying to hold some of the digital assets. And I think that this issue stems from people caring about the money they're supposed to make inside of crypto more than the tech and the adoption and what's actually going on. So as long as nobody's making money, they don't feel like anything's getting done. That's where this whole industry and market is confused. It is totally broken and confused, especially Bitcoin. Like, Bitcoin was supposed to be peer-to-peer digital cash, but now each Bitcoin is worth $100,000 and it's a store of value now, or what?
