This is as hardcore pointless fanboy-ism as the speculative JPEG trading nutters. How can you be so emotional about tech? Maybe there’s a middle ground?

The middle ground is not always the right choice. If you say we have to participate in 100 scams and I say that we shouldn't participate in any scam, the right answer isn't to say "Let's just do 50 scams then"

What if there's 100 projects and 20 are scams, and I'm saying lets chill in the middle where there aren't any?

If you go by numbers alone then I'd say somewhere around 99.99% of them are scams. If you go by market cap then I would lower that number to only like 95%.

I think an unflinching belief in crypto in the face of so many scams is the consequence of having a good percentage of your wealth tied up in it. Even if the person himself was scammed, it would be in his interest to not admit it in the hopes that he can pass the bag on to some other greater fool.

>How can you be so emotional about tech?

For the same reason people get emotional whenever they see something they like being captured by hucksters. If you like woodworking would you not be mad if the workshop next door gets replaced by a Pachinko parlor?

"Maybe there's a middle ground" is the same kind of statement as "NFTs are awful, but the blockchain itself is brilliant!". Yet the crazy financial schemes keep proliferating and you still don't see blockchains anywhere else.