The main reason behind this problem is that people have started treating crypto as a money-making machine rather than a technological and ideological movement.
The original vision, inspired by the Cypherpunk movement was much bigger than financial returns.
It was about building technology that could remove intermediaries give people financial freedom, enable borderless connections and reduce dependence on centralized institutions.
But somewhere along the way, that vision got lost.
Retailers started entering the industry mainly for quick profits, Founders also recognised this opportunity and began building projects around extracting money from retail investors rather than solving meaningful problems.
However, the problem is not just founders, Retail investors and users are equally responsible.
Most people don't care about the technology the vision or whether a project is actually solving a real world problem.
They care about charts, price pumps, hype, and quick returns.
As a result, projects that genuinely contribute something valuable often struggle to get attention while projects built around speculation and hype attract massive audiences.
The real problem is a combination of greed and a lack of technological understanding.
We have turned a movement that was supposed to challenge the existing financial and technological systems into another system driven by speculation, greed, and money extraction.
Balance the criticism of users and founders Clarify the original cypherpunk vision
The original vision, inspired by the Cypherpunk movement was much bigger than financial returns.
It was about building technology that could remove intermediaries give people financial freedom, enable borderless connections and reduce dependence on centralized institutions.
But somewhere along the way, that vision got lost.
Retailers started entering the industry mainly for quick profits, Founders also recognised this opportunity and began building projects around extracting money from retail investors rather than solving meaningful problems.
However, the problem is not just founders, Retail investors and users are equally responsible.
Most people don't care about the technology the vision or whether a project is actually solving a real world problem.
They care about charts, price pumps, hype, and quick returns.
As a result, projects that genuinely contribute something valuable often struggle to get attention while projects built around speculation and hype attract massive audiences.
The real problem is a combination of greed and a lack of technological understanding.
We have turned a movement that was supposed to challenge the existing financial and technological systems into another system driven by speculation, greed, and money extraction.
Balance the criticism of users and founders Clarify the original cypherpunk vision
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