I feel like most people don't even attempt to see the differences though. It's like talking to my office coworker who gleefully showed me the tanking Bitcoin price, which obviously I shrugged off and simply said, "we shall see" (he thinks all of crypto will go to 0. I think he's a fool).

And other skeptics in the office who think along the same lines. They just don't accept that there is a possibility of something big beneath all of this hype. I'm not even asking for them to believe it. Just to acknowledge they could be wrong. You have to be a fool to completely dismiss the entire budding industry.

Anyway, back on topic... I agree that it is good for such scams to fail and fail quickly. We need to weed out all the crap that is not taking the potential seriously or are just purely exploiting the hype.