Any moment now…

I think in any other space, if you had millions of people (some of them wicked smart) m looking for applications of a technology without results, you’d see the space dwindle into irrelevance quickly…

Crypto is very special in this sense. Despite massive failures and frauds at scale, people keep flocking to it. Is it the promise of unlimited riches, the romantic aspects of it (“decentralization”, etc.), something else altogether?

I don’t know, but to answer your question: I get the feeling that despite the FTX case crypto still has many years ahead of it, regardless of whether it ever produces positive outcomes.