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As long as people have a way to potentially get rich with little to no 'real work', they won't stop.

Sure. Speculation certainly will continue and real money will continue to change hands.

But are we at least done pretending that crypto currency (at least, as it exists now) will ever have any practical purpose beyond being a fungible entity upon which gamblers speculate?

> But are we at least done pretending that crypto currency (at least, as it exists now) will ever have any practical purpose beyond being a fungible entity upon which gamblers speculate?

No, I don't think that's happened yet. I still know tons of people excited to build for "web3".

I don't think we need "rich" websites with javascript, "smart" phones in everyone's pocket, or "social media" at all.

But those all happened, and it seems to be a lot of the same vibe for "web3" builders right now.

It's difficult to get a clear picture of what exactly people think "web3" is. My general experience is that people who are caught up in web3 hype seem to actually just want simpler self-hosted/distributed resource redundancy.

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