> Having lived through that era, the number one culprit that I would blame as the root cause of this shift is the rise in transaction fees.
Haha no, the number one culprit is that 99% of blockchain projects are either scams, bullshit, not actually decentralized, or simply fail despite pulling in vast amounts of funding (sometimes more than one of the above!).
However, I do agree that most--if not all--problems in the cryptocurrency space arise from the "currency" aspect. Just not so directly as "transaction fees".
Haha no, the number one culprit is that 99% of blockchain projects are either scams, bullshit, not actually decentralized, or simply fail despite pulling in vast amounts of funding (sometimes more than one of the above!).
However, I do agree that most--if not all--problems in the cryptocurrency space arise from the "currency" aspect. Just not so directly as "transaction fees".