“How can they commercialize our precious currency? It is so crass to want to use a currency to buy and sell things!”

“The industry”, my foot!

Industries produce something but the only use case for cryptocurrencies is crime — tax evasion, money laundering, illegal purchases of drugs, weapons, sex or contraband like exotic animals.

We’ve had well over a decade and compared to conventional banking, cryptocurrencies are slow, and expensive to operate, and extremely unreliable.

Oh, they’re reliable at doing the whole “sell you the solution to an equation” thing, but consider that billions of dollars of value that we know of have been stolen, scammed, lost or otherwise went astray — almost $200 million in just one case alone. It’s a certainty that the true level of theft or loss is considerably greater than that.

A combination of a Ponzi scheme and a tax avoidance scam doth not an “industry” make.