What we're seeing now is the result of the last bull cycle in 2017. While bitcoin was going up, it gained mainstream attention. From that point to this, billions of dollars have come from all over the world to build the underlying infrastructure we have today. And now it will happen again. Because of the (in a lot of ways) radical success of defi, a whole new level of mainstream attention is being achieved. Where last time around it was venture capital and some of the tech companies getting involved, this time around it will be banks and Wall Street as well as an explosion of private and public companies. The fruits of this labor, poisoned or not is yet to be determined, will start to show itself in the NEXT bull cycle in my opinion. That's assuming this one actually ends and we see a bear market, which I don't think is nearly the given it seemed 6-9 months ago. At any rate, there is still an awful lot of work and innovation to be done in this space. But, as we continue to see, there is plenty of money out there to provide it. It's a great time to be involved in crypto.
RE: What Is Going On With Cryptocurrency?