It's also surrounded by a ton of cargo cultism, poorly considered engineering, people who don't understand the math but claim to be gurus, and strange parasitic political views.
So it's just your typical programming sub-field? (Alan Kay would say: "Field.")
Pessimistically yes, but in my opinion its problems are magnified.
In part because bitcoin is a technology that so many people ascribe political superpowers to. This brings in a lot of people that normally don't push deeply into a high-complexity tech field.
Some would say that the "wisdom of the crowd" and startups are things that so many people ascribed special superpowers to, it brought in a lot of people that normally wouldn't push deeply into a high-complexity tech field.
So it's just your typical programming sub-field? (Alan Kay would say: "Field.")