the technology itself is great. only those people who are making a business out of it are prone to commit fraudulent acts, making this technology seemed to be rigged. but if you consider a theoretical scenario without these bad actors, blockchain tech will help most of the businesses to achieve transparency, honesty, fast transactions without border, higher productivity and many more. so if these businesses will use the benefits of blockchain tech, they will surely appreciate its existence.
Yes, crypto and its technology are actually very sophisticated and useful for progress, but there are indeed many human beings who use it for negative things so many people think that crypto is a field of scams. Maybe this is happening because most of the crypto is still decentralized so that no one can control someone so they don't take action as scams. let alone in the crypto world, even in the real world we can still find lots of fraudulent or fake investments or businesses, especially in crypto where there really is a wide gap for it. But on the other hand, actually crypto is really useful and has a lot of positive impacts on society. This positive aspect should also be taken into consideration, but unfortunately, many people only think about the negative aspects without wanting to study or review the positive aspects. And nevertheless, crypto is still here to survive and provide various profitable developments.