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Coinbase lays off 20% of its workforce and then mainstream media goes hysterical, reminding us of crypto's 'failings' over the last year and warning everyone that there is likely more in store. This, in typical media fashion, makes light of the fact that Big tech and the entire tech space has been hit with massive layoffs over the same period that pales in comparison. 

I really don't like to point fingers of bias, as it doesn't help the crypto cause. However, there are instances where it becomes really obvious that the mainstream players do not really like the space very much. Not a major problem, but it can be frustrating to have amplified voices who will not acknowledge your value no matter how much proof you show. 

A big part of it (the criticisms) admittedly does come from the mistakes of the cryptospace and there is a lot of work to be done in order to gain credibility and mainstream acceptance. Yet the tendency to focus only on the negative with arrogant, dismissive analytics is just typical of the traditional space and believers. 

I do not entirely see this as a bad thing though. It means we have a lot to prove, not just to ourselves as a space but to the bigger finance community. The criticisms may never stop, but with each solution the space brings there will be a subtle admittance of its value and perhaps the flat out disrespect will stop.

It means crypto needs to perform a lot better being a solutions provider, and amplify the solutions that it brings to the table. We need more innovations, jobs, applications and far less instability plaguing the space. In other words, the economic impact of the blockchain as a technology needs to be felt more. It may take some time, but soon credit will be given to whom it is due. 

From an individual perspective as an investor, there really isn't a point in trying to explain or defend crypto's utility to its critics. It does help to be knowledgeable in these areas so we become better investors though. Too many crypto investors have invested for all the wrong reasons. Some may have succeeded in making money, but such strategies do not do much for its long term viability.

# Conclusion
Being on the spotlight for negative reports only means there is more work to be done as a space. Let them keep criticizing while investors and futurists are building the applications of the future with blockchain powered technology. Time is the ultimate justifier.