feeling increasingly disillusioned with crypto as an investment vehicle

anyone else feeling this way? how do you combat it? feeling hard to justify having half my networth in eth rn

i love eth and its culture, but any uptick in sentiment/activity will attract the worst participants and ruin it

I think the problems created by crypto are far outpacing the solutions it's supposed to offer.

Regulation can help deter bad actors but paradoxically it seems contrarian to the ethos of decentralized finance.

Maybe crypto will be a solution when we collectively lose faith in banks and governments?

father, husband, css golfer, ux engineer, silently defining variables as /sdv sdv.wtf

/cal 

Photographer, Artist, Web3 Educator, IP Lawyer, Patent Agent, Explorer 📸⛰️✨ 

 Building /flowcast with /mindfulness 🌊

https://wanderloots.com/links

I could see this happening sooner than banks and governments losing public trust.

Though AI shakes up a lot of what it means to both create and consume nowadays. I really do hope artists and creators are amongst the last to feel displaced as "work" is redefined in the next few years.

I think we’ll see more benefit when people begin to seriously earn livings in the creator economy via crypto rails, especially in unbanked corners of the world. 

Then people won’t use it directly as an investment vehicle, but as an income vehicle with the opportunity for investment

Ironically, that is what spurned bitcoin after the global financial crisis in 2008

it sounds cliché at this point but i'm increasingly convinced that we've created a solution without first checking to see a) what problem it would solve, and, b) if the problem space is large enough (yet) to warrant the vast amount of capital (human, technological, financial) that has been deployed into building this solution.

lol that won't happen, banks are looking at exchanges like cute little snacks rn