Bingo. 98% of "crypto" is, basically, Pets.com (or worse) right now. Cryptocurrency is really, really useful for some things, just as the web is. On the other hand, there's an awful lot that simply doesn't make any sense - even ignoring the fact that many crypto advocates seem to have no idea how people work or what the constraints of any given problem are[0], a lot of it is technically and economically unsound.

[0] See also the "put voting on the blockchain and give everybody an identifying number to verify their vote" people who seem to have absolutely no idea why we have a secret ballot.