Loool. You don't even recognize one of the most influential people in crypto in this picture in our haste to dismiss the wholly legitimate arguments he's presenting. He's right about it too. The vast majority of crypto "adopters" that have pushed the price so high don't actually care about decentralization. Rude truth is that the majority of crypto enthusiasts are just FOMOing in trying to get rich. And it's funny that people bitch about the USD losing 2% per year somehow thing a currency they can't predict the value of tomorrow is somehow better.
It's more than 2 percent per year, it's 5 percent for USD, 2 percent would be a dream for most folks. 2 percent is the value that the fed aims for, under ideal conditions. And as I'm sure you know, the endless spending the US government is so familiar with does not help the inflation problem.