Crypto did find the problem: How to get VCs invest and a how to dump all on retail investors without an IPO if even a SPAC is too much to bother. Other problems: money laundering, tax evasion and sanction circumvention. All of those are, and I mean that, serious problems to solve for a lot of people with a lot of money on the line.

the problem it is trying to solve is pretty clear at this point and it is „how to funell money to my pocket”