The Bitcoin world is full of people who know very little about economics or cryptography; they only know that they could have made millions if they had not sold at the bottom. These people tell themselves that they are redeemable, that Bitcoin is just the MySpace of cryptocurrencies, that they will have another opportunity to get in early on some other revolution.

When people say “blockchain technology” to you, you can often replace it with “mana”, or “chakras”, or “quantum” and it makes sense the same

way.

“Blockchain technology” has evolved into a sound scammers use to extract money from venture capitalists and one another, similar to the way that male birds use a song to attract females. It's a phrase for people who know there is a lot of money around, but don't exactly know where it's coming from.

-- an excerpt from It's Not About The Technology, It's About The Money (2016), its 2-minute version can be found here: https://2minutebitcoin.org/blog/bitcoin-is-about-the-money-not-the-blockchain-technology