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Crypto gives us opportunity to earn on our own phase.
But that doesn't really mean that investing in crypto would really changes everyone's life.
We shouldn't forget that this is investment and there would always be a risk.
As you've said there are so many uneducated people around if they couldn't educated their self on crypto then they would just waste their time and money.
Of course trading and investing are activities that have a high risk of losing money. As a consequence, you get a return or profit, but still with wise risk considerations.
We all know that not all users will make profits once they get involved in the crypto industry. They invest and do things right, but one small mistake can still cost them their entire investment.
Investment will give investors the opportunity to make profits, it is the best way to expect the standard of living to improve. Not only about crypto, but any investment that is profitable will ultimately make the standard of living better.