Reasons Why The Crypto Dream Is Turning Into A Nightmare

No Mainstream Appeal

Crypto dream proponents won’t admit this but the project has no mainstream appeal. The reality is that ordinary people want to use systems that make their life easier. Crypto doesn’t offer anything that they can’t do already with Apple Pay or Venmo. Yes, it decentralizes their savings from a regulated institution but this mostly benefits criminals.

It’s wild that most Crypto developers don’t understand that ordinary people want to save their money in banks. That’s because if the bank goes bust, it’ll face legal consequences. Ironically, crypto’s decentralized nature is the main reason why regular folks don’t trust it (via TechCentral).