The market place has placed 1.2 trillion dollars of investment into distributed ledger technology, and we're in a recession - if that's the metric you want to use. Frankly I find such a retreat in reasoning extremely reductionist and not useful or compelling.
One can reason about fundamentals more competently than the average market participant. Isn't that the point of this community? Venture capital adjacent folk who profit off of being more well informed than the market.