The Crypto Craze Sweeping Washington and Wall Street

This article is honestly pretty funny for a few reasons. One its pretty clear that the author doesn't like or understand crypto and it might be a bit of both. The skeptic person that they talked to was a freaking Amanda Fischer a top SEC official during the Biden admin so of course she is going to dump on it. One of her comments in the article though to me showed a complete ignorance of the space as she said "But unlike, say, a stock, which represents a part-ownership of a company, [crypto] is not backed by any sort of business that is producing goods and services."

However, a ton of projects are or they are leveraging technology which is producing either a good or a service. Yeah sure meme coins aren't going to do much but things like governance tokens or the ability to transact with RWA needs to be recognized. Instead she completely ignores it and takes up the vast majority of the article.