Right. I agree. I am also going one step further and arguing that crypto is more of a fan club then a cult. There are cults way stronger that illicit a far greater emotion reaction that crypto.
Even now, when the price is in the toilet, a lot of really smart people are having sane discussions across sub-reddits. And those very smart people are still checkin in code and making improvements.
This has happened before. During the BBS era and ARPA Net era, a lot of people said those things were "cute" and only used by underground cult figures. They said that people who believed in the "internet" were dillusional that a global network would ever happen. They also said that it would have limited impact on society. They said it would stay largely with universities. Newspapers laughed. Television networks laughed. Music companies shrugged it off. But the one thing I learned from both those eras is if there are a lot of smart people working in it then it is not to be discounted.
Even now, when the price is in the toilet, a lot of really smart people are having sane discussions across sub-reddits. And those very smart people are still checkin in code and making improvements.
This has happened before. During the BBS era and ARPA Net era, a lot of people said those things were "cute" and only used by underground cult figures. They said that people who believed in the "internet" were dillusional that a global network would ever happen. They also said that it would have limited impact on society. They said it would stay largely with universities. Newspapers laughed. Television networks laughed. Music companies shrugged it off. But the one thing I learned from both those eras is if there are a lot of smart people working in it then it is not to be discounted.