Let's leave aside the idea of not liking banks and mediators in general, sucking our money like leeches with interest rate games and poor pay first and eat last philosophy, giving very little value but the storage security. Or the Blockchain technology and what it offers. Since when illegal drugs and arms business have no value? Maybe arms not much, as the governments sells them legally and they are the biggest arm traders. But drugs do hundreds of billions.
Defi projects. Functions that Wall Street makes billions on every month can be performed at nearly zero cost with smart contracts. The centralized control and monopoly of Wall Street will be replaced with crypto. That doesn't mean your Bitcoin will be part of this future. But it is where many of the most brilliant people in the world are making amazing technological progress.
Ironically, there was NO investigation into Nortel due to political connections. Long live democracy I guess. Bre-X was about as bad as Nortel... sits in that time-era too wasn't it?
People who bought Nortel on the way down believed in it. I do not believe in current crypto, and my bet is that fake stable coins will not perish, therefore there is a decent chance for a pump