There's a fairly substantial overlap between the people who completely drank the cryptocurrency kool-aid and the people who got sucked into so-called "alt-right" and associated fellow-traveling stuff ("red pill," NRx, etc.) around the same time period. Seems like there were some incredibly virulent meme plagues that afflicted the high-IQ-but-gullible crowd in the middle part of this decade.
Cryptocurrency has done a lot of damage to the tech world due mostly to the sheer amount of brainpower it's sucked up that might otherwise have been used for more useful stuff. It's been kind of a tar pit where you have vast resources chasing things that have no actual real world value. It sort of reminds me of that Star Trek TNG episode where they try to kill off the Borg collective by giving them an impossible geometric shape to ponder endlessly.
Cryptocurrency has done a lot of damage to the tech world due mostly to the sheer amount of brainpower it's sucked up that might otherwise have been used for more useful stuff. It's been kind of a tar pit where you have vast resources chasing things that have no actual real world value. It sort of reminds me of that Star Trek TNG episode where they try to kill off the Borg collective by giving them an impossible geometric shape to ponder endlessly.