Espresso’s co-founder reflects on a decade in crypto, saying he entered the industry to challenge Wall Street’s inefficiencies but instead watched the sector drift toward speculation and casino-like behavior. He describes early optimism around decentralization and transparency giving way to hype cycles, risky leverage and short-term trading culture. Despite this shift, he sees renewed focus on real infrastructure, privacy technologies and compliant blockchain systems as signs the industry can recalibrate. His experience highlights the tension between crypto’s original mission and the market forces that reshaped it.