The crypto-inspired speculative assets trading on insecure exchanges is not what Bitcoin blockchain is meant to be and actually is (see, Bitcoin is not crypto).
The entire crypto world has become an irrational Ponzi-laden frenzy. The crypto industry went in the wrong direction long ago and went too far by turning the original Bitcoin, one of the greatest inventions ever, into a multitrillion-dollar gambling of speculations over other people’s speculations.