Banks have been aggressively FUDing crypto for so long they have psy-op'd the public into being suspect of anything blockchain related.
Granted, there have been many scams and failures in the last 14 years but which business realm doesn't have massive failures in order to see a few successes? Crypto is no different with only a very few projects actually creating value.
RE: QUICK! BURN ALL THE LIFEBOATS: The rise of Crypto Mafia.