Failed!

At the early days it was even hard to get fiat into crypto, now it is much easier - if you have a creditcard or bank account, but for those you need a bank.
And will all the new regulations, it´s definitly not private, the government want to know exactly where the money comes from and where it goes.

Back 2009-2019 you could get some decent amount of coins or tokens by mining with a regulare PC, or getting airdrops - not that small to nothing you get nowadays, some are now worth three figure values.

Let us face it, first we wanted institutions to get into crypto, now they are and they took control over the price. Be real, not you drive the chart up or down, they do.

So yes, Crypto became the money for the rich. We are just adding some grains of sand to the sand castle they are building. A construct they can wash away within a blink of an eye, it wouldnt even really hurt them, but us, even more.