Crypto and Blockchain are dead. Long live Bitcoin.

My journey started as a crypto enthusiast with the purchase of $5000 of Ether in early 2017. It jumped from $50-$75 a token or something to that extent in a month. I immediately pulled out my money and purchased a 2010 Red (slightly dented) Honda Civic named "Fireball" from a local college kid. My friends would later call it my $200,000 Civic.

I was hooked. Everywhere I looked I saw applications for NFTs, from generational royalties to artists via smart contracts, to basic vehicle registration, and title insurance. Everything that could be represented on the blockchain, should be represented on the blockchain.

Through the highs and lows of the crypto rollercoaster, I always hoped that the next project would be the watershed moment for the space. It never came. As a software engineer, I had blinders on to the new toy. The blockchain as a database for a trustless world. Give the internet back to itself, I thought! Death to the fiefdoms!

The truth is that the world is trustworthy. We don't need NFTs for concert tickets, or ski passes, or royalties, or deeds, or trusts, or dead-man-switches.

Most of the world works just fine, as is. And where it doesn't -- title insurance per se -- the underlying cause is merely the will of the players, that is a bug not a feature.

Twitter is better than Mastodon is better than blockchain-backed version of micro-blogging. It always will be. Filecoin will never beat S3. On price, durability, robustness.

We need centralization for scale, performance, and -- frankly -- focused research, development, and innovation!

We need to let the cryptoverse burn to the ground. Let all the shitcoins of the past fall to zero and be a warning to the shitcoins of the future.

Now, stores-of-value, currency. This is a completely different story.