We should blame banksters and economists for that, they all praise "blockchain technology" while they bash Bitcoin, so now we have a strong public opinion that blockchain is revolutionary new tech. They have tried to embrace, extend, extinguish cryptocurrencies, but instead have fueled the dotcom bubble 2.0. But Bitcoin should be fine, since the very same people have separated Bitcoin from blockchain in their comments, so investor won't automatically assume that they correlate, and when alts and blockchain companies will crash, they won't take Bitcoin with them.
We can sit around blaming people, we can think that only a few of us are the true crypto idealists. But the fact is that decentralization means that anyone can pick up the open source tech of blockchain and configure it to their personal needs. This is what has happened now. With true recognition and mass adoption comes a whole new range of how to view tokens, blockchain and crypto. And as we can see, some of them who used to hate crypto are now embracing it.
They brought crypto price up, so I guess we should thank them. But they will also probably bring on the bubble, unfortunately.
