I've not felt like this since 1999 when I did a party with co-workers at the T1 ISP I worked for at the time. The E-Trade monkey commercial came on and we laughed. We were already reviving large number of T1/T3/Sonet disconnect orders and it was obvious the end was coming soon.
I don't know when crypto will pop. I don't think we've hit max stupid yet.
What's happening now, in the cryptocurrency milieu, is more deranged. It's to the point that it's making technology itself seem like a joke.
This physical NFT was just a coin. Nothing special, no blockchain just a coin.
After this I realized that all these NFT's are completely worthless. You wouldn't buy a physical coin that some random guy (Talented artiest but still) for millions. Why would it be different if its digital?
I could be wrong and NFT's will somehow become the next massive institution but I don't think so.
Sadly crypto-currencies still haven't really solved the currency use-case.
I'm not a fan of this space, but I surveyed many crypto tokens last year and it did sound like some well designed tokens could solve the use-case as an actual currency. Algorand springs to mind, they claimed high transactions speeds and also carbon negative footprint (which sounds too good to be true, but I don't know the specifics).