I don't think you could be further from the truth. Just flat wrong.
Look at DeFi. Look at all the apps that are being written on blockchains. Sure, there are scam projects, but a lot of genuinely great ideas are being developed.
For example nobody used AMMs until Uniswap started doing it and now they are the norm.
From someone outside the DeFi/blockchain space, so far mostly what I see are reports of $millions in $TOKEN being "stolen". Would love to see reports of real-world useful, in-production apps that a) require $TOKE, b) are done without increasing climate change, and c) aren't mainly used to prove the greater fool theory (once again), e.g., Bored Ape NFTs.
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