Your post is an average one according to my own view and there are many information that are missing in this article. But you have tried your best.

The incidents like the bankruptcy of some popular exchanges like FTX create a panic situation among the investors of the cryptocurrency.

This incident will not reinforce the view that cryptocurrencies are outdated and unstable; since it was not the responsibility of the cryptocurrencies, but of the "little group" of people who managed FTX at will.

I am also agreed with your statement about the future of the crypto technology. Yes, it is not called so outdated because it is a new world technology and future is very good when most of the states and companies accept it.

I wish you many success in this week of the contest.