@m-j-r.eth
same whiplash applied to crypto, where we were floating on "WAGMI" and the wealth effect was cycling into moonshots, while marketing budgets were exorbitant, then there was a point with insider airdrops and FT, where newcomers correctly sensed that they were adversely selected by special interest and had no sense of durable upside.
at the moment, crypto does not feel credibly neutral, and in a recession where everyone struggling to not be decimated, that mutates into grudges and contempt. at one point the media landscape is eagerly counting their rigs and degens are tracking months-long trends, next thing you know, the corporate & core landscape is dumping daily vapor on the proles.
clearly there isn't an existential global solidarity, otherwise realworld events wouldn't be so much of a wedge, but the reality is that a lot of influence in crypto is proud to brazenly take advantage for their ingroup, and the rational outsider just steers clear, no matter how much preaching there may be to the choir.