Is it hindsight? I've worked in crypto since 2016 and I knew it was all BS and all scams back then. Seven years later, it hasn't contributed anything to society except more sophisticated scams.
Long story short, I just wanted to put out there that crypto's usefulness can not be found unless your life depends on you finding an alternative financial and economic system not under control of a single state or government.
Thinking about the opportunities that crypto unlocks.. For the next 5 years, it would be an uphill battle for me, a black man from foreign origin, to start a company in real life, under Belgian law. If I were to do it on the Ethereum blockchain, it would be a matter of days or months. Moreover, the use of crypto technology for nefarious actions says more about the human and the team conducting those kind of morally abject behaviors. Not the math.
That removes friction on the ladder of steps required to climb for a seller to reach a buyer. Efficiency is beloved by the real economy. Especially the media and entertainment sector.
I'm not the one who decides on market moves. I'm just using open sourced tech tools to generate income. Someone else in Hollywood or Paris might use the same tools in an attempt to cut costs and reach global audiences/wallets.
Let's see what the business community comes up with. The beauty of it is that the underlying technology is openly accessible and freely usable. No patent, no registration fees, no distribution rights, 24/7 reliable on-chain transaction settlement... For real life businesses in this digital age, those are pain-points that could be addressed by something like an Ethereum Layer-2 blockchain.
I'm talking from the viewpoint of an entrepreneur that could be running a company in the real world. By business opportunity, I understood what are the key improvements from crypto that could help start/grow a business.
One last thing, Shopify.com is about to enable sellers on its platform to use crypto tools, concerning the Direct-To-Consumers type of businesses. Isn't that enough illustrations to show that there might hint of a business opportunity in the crypto economy?
That doesn't mean it's all BS and scams.
It paid journalists.