So the herd is avoiding long term thinking that could have lasting benefits and instead going for short term gain and shiny objects. Can we blame them too much for that?

This is one of the reasons why I no longer hold much hope for crypto-currencies to be generally adopted unless market circumstances absolutely force it (central bank completely collapse, while still having usable internet for crypto-currency transactions).

I think things like Bitcoin (as digital cash) and Monero have incredible potential and promise... but people are extremely unlikely to actually use them.

#cypherpunk