I wish we didn't need this "Bitcoin not Crypto" correction. I guess it's needed, to help people understand.

But...

NFTs are mostly money laundering, but it's a carrot for n00b-artists and novel game-engine builders...that may lead to fun new games.

DeFi is mostly just on-chain credit, but it's a carrot for venture capitalists and devs...that may lead to interesting new financial engineering.

Web3 is mostly just a third and mostly redundant architecture component (1 - front-end, 2 - back-end, 3 - blockchain), but it's a carrot for experimentation surrounding property rights and control over data...that may lead to innovation surrounding that.

There are smaller parallels here, to the dot-com boom. It financed the speculation that allowed for the rails necessary to solve the chicken-egg game of getting as many people "online" as possible. Majority went bust. But that asset (the over-built telecom lines), became a dividend to society in the long-run. There is similar history surrounding the rail-road boom/speculation leading to a dividend to society in the long-run.

Bitcoin can be a thing, but so can these other things. Other things, or trends, or tech, will come and go with their own horizon, adoption rates and utility. Some will be hype or vapour-ware. Some maybe not.

We should just focus on money and payments. The correction we should be standing our ground on, is...

"Bitcoin, not USD" "Can I pay you in real money?" "Bitcoin is real money" "Can you pay me in real money, Bitcoin?" "What do you mean, you don't take real money?"