The problem though is a lot of people don't think cryptos are riskier than stocks. I see so much rhetoric about how bitcoin (and similar) is only going to go up, and easily 10x over the coming years.

It unfortunately seems to be the less informed / educated about investing that have just seen the influencers on tiktok, youtube, reddit etc... they see this as their ticket to riches, and you will be kicking yourself in 10 years time if you don't take advantage now. If you try and speak to them rationally to think through what they are saying they just shout that it's FUD and ignore it.

Most cryptos are net negative, the only "value" in them is what people put in, minus the fees the people running the platforms (miners, dev wallets, founders selling excess tokens etc) are taking out, so it's impossible for every "investor" to get back the money they put in. There will always be someone left holding the bag.