Why Cardano will fail

TVL is growing through the bear - I'm not sure why people think this is a good thing. The total value locked in defi is getting close to the previous all-time high for the chain. How are people expected to use the token if all of them are locked away in dapps?

Utility-focused NFTs are growing in popularity - I miss the days when buying an NFT meant spending thousands of dollars on a jpg. I want expensive PFPs for my Discord and Twitter. Now all the NFTs are focused on increasing defi rewards, fractionalized ownership of mining rigs, telecom networks, real estate, or data analytic tools. I think I speak for all of us when I say I just want expensive pictures again.

Lending/Borrowing protocols are everywhere - Debt isn't a good thing, no matter how much you might want to believe it is. Increasing the ability of the average crypto Joe to get into debt is a dangerous prospect.

There are no wallet drainers - Scammers make up a huge facet of the crypto GDP. Without wallet drainers, these hard-working folks are forced to use social engineering and other labor-intensive tactics to scam their victims. When they don't earn fair wages, what money can possibly trickle down?

I like Charlie Hoshkindad but he's got to fix some of the issues with this chain or it isn't going to make it.