I mean, has that sentiment changed? It's still a cute pump and dump scheme that went viral.
PS if you want to do the whole "volatile prices!" fear mongering you can do WAY better than 50% price drops. You also accidentally criticize the US dollar here, USD saw a 30% decline in the early 2000s and analysts predict a possible decline of 30-35% in the broad dollar index soon. Is that how a currency "should" hold its value?
I trust the US dollar because it is very stable. There's a crisis now because we're looking at roughly 5% year-over-year inflation compared to a goal of 2% -- meanwhile crypto swings 10% every damn day!
To your point, remember when the crypto market had a net loss of almost 3000 points in a single day in March 2020?! Oh wait, that was the Dow, sorry.
So you don't trust the stock market or the assets that back it either, do you? It swings 10% or more some days!
Do you have any experience buying or using cryptocurrency in the last 10 years?