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I think it’s because of what crypto turned into and the inherent flaws in the system. Crypto currencies are still backed by and dependent on traditional currency, and their value is too unstable for the average person. The largest proponents of crypto have been corporations - big capital, as you put it - and there’s a reason for that (though they’re more on the speculative market of NFTs looking to make a profit off of Ponzi schemes).
In the end, crypto hasn’t solved any problems that weren’t already solved by less energy intensive means.
Found the diamond hands.
Crypto currencies are still backed by and dependent on those same currencies. And their value is incredibly unstable, making them largely useless except as a speculative investment for stock market daytraders. BitCoin may as well be Doge Coin or Bored Ape NFTs as far as the common person is concerned.
I hope your coins haven’t seen a 90%+ drop in value in the past 4 years like the vast majority have.