> The people chasing that kind of hype aren't crypto enthusiasts, they are fiat enthusiasts. They aren't looking to build an industry, they are looking to trade to a better place in the legacy economy. They aren't a world changer, they are a status quo supporter. 

This! There are so many people who just want to increase their fiat holdings, instead of build a new economy based on crypto. I think that will change when the banks/governments increase restrictions on profit from crypto sales.