How can crypto go back to the good days? I fear it's only going to get worse from here, and what made crypto cool is gone forever. Wtf is the value in it now with no anonymity, no way to transfer it freely around exchanges, no volatility opportunity to increase wealth, US citizens being locked out - I think this scene is dead man walking.
No thats not really the case, the base protocol is improved if anything. I was trading around 2014 just the same and the failure of a major exchange at that time seemed more negative then now, again it was not a failing of the protocol.
Peer to peer the crypto space remains just as able as previous years. Centralised sites of trading is always its own risk and benefits but not a description of overall sucess or usage for BTC.
Another point most important is that USA is not BTC, this is only one country and to me BTC was always about the billions around the world who especially do not benefit from the current banking system. The attractions for someone in the west who can transfer instantly was always more questionable but a cheap to use network in many other countries is often not there and BTC continues to have a good base case for usage