Why isn’t smart money’s effect on crypto’s original promise discussed more?

cointelegraph.com:

Ignoring the original, utility-driven ideas introduced in the early documents on digital cash became the new normal once adopters stumbled upon a cryptocurrency price ticker. Are new price tickers a sign of innovation?  

There is a critical paradox when thinking about inventions and new things. Culture influences technology, while the technology itself influences culture. This also applies to distributed ledger technology (DLT). However, the case of cryptocurrency is more curious than other innovations because it is not currently used in the way the inventor initially proposed.

Some might argue that the way cryptocurrencies are currently interpreted — primarily as investments rather than transactional units for the most part — is more harmful than beneficial. Smart money helps drive these possibly malicious use cases of crypto, and the main question is — why is that?

Smart money refers to financial organizations or individuals with significant resources, expertise and capital. More specifically, the money that flows in and out of central banks, funds, venture firms, or even the wallets of individual investors is smart money.

This type of capital is essential for discussions of new technologies, regardless of the industry or surrounding markets, and the phenomenon appears in various economic landscapes — everything from JP Morgan financing Thomas Edison’s inventions to venture firms driving the internet startup equity bubble from 1995 to 2000. 

The growth of the cryptocurrency venture capital market in terms of deal count and capital invested. Source: Galaxy Research

There are other issues that inventors and builders face when there is a lot of investor involvement, but the main concern comes from smart money utility being