I believe that average investors (without domain-specific knowledge) should not be investing in crypto at this point in time because the tech is too immature and there are too many pitfalls, so everything you said is consistent with my beliefs.
Another ten years from now we'll have social recovery wallets, better regulatory frameworks and bulletproof ETFs - and that's the point where average investors might consider some sort of nontrivial allocation in their retirement accounts. Then again, people still get screwed left and right nowadays through traditional investment means such as shady financial advisors peddling high expense ratio active funds, so perhaps the answer is that safe investing will always require some minimum amount of domain-specific knowledge.
But in the mean time, companies will consider building on its APIs and data structure ideas regardless of whether the general public sees it as "tarnished" as an investment option.
Another ten years from now we'll have social recovery wallets, better regulatory frameworks and bulletproof ETFs - and that's the point where average investors might consider some sort of nontrivial allocation in their retirement accounts. Then again, people still get screwed left and right nowadays through traditional investment means such as shady financial advisors peddling high expense ratio active funds, so perhaps the answer is that safe investing will always require some minimum amount of domain-specific knowledge.
But in the mean time, companies will consider building on its APIs and data structure ideas regardless of whether the general public sees it as "tarnished" as an investment option.