Do you say this because of the similar (deceptive) strategies that altcoins and exchanges take toward the individual? Market manipulation, false promises, etc.? If this is what you mean then I do agree with you, though this is definitely being weeded out over time. People are becoming more knowledgeable and with more knowledge means more power to be able to avoid the fly trap of these tactics.

If you are talking about the entirety of the industry, including Bitcoin and what it is all fundamentally about (economic freedom, privacy, self-sovereignty and so on) I do disagree. There are good and bad parts of every budding sector and Bitcoin/cryptocurrency is no exception to the good and bad parts...overall, it is good.

With bad experiences comes growth. A bad experience with a banker might lead a normal person to another banker. A bad experience with an altcoin or market manipulation will (hopefully) spark the knowledge to be able to deter similar mistakes again in the future, and help others to do the same. So even though people might fall victim, ultimately it is for the better.