I'm convinced 50% of people in crypto are building something that will be the foundations for the future and 50% have absolutely lost their bearings and entered into mania.
Alt-take: knows enough about half the projects to know they won’t work; doesn’t know enough about the other half to definitively say it won’t work (but they won’t work)
The tech industry's successive waves of fascination with get-rich-schemes powered by FOMO ("my idiot neighbor is getting rich, I have to get on this") actually serve a useful social purpose.
It compartmentalizes the negative impact of a certain kind of people/activity.