Security & Regulation
In a reckless lack of oversight the SEC did not regulate cryptocurrencies well enough allowing for insider trading and price manipulation, or "pump-and-dump" schemes, to take place. The SEC also did not limit cryptocurrency speculation to accredited investors, meaning the risk and damages of these schemes are borne directly by everyday consumers.
Stability & Adoption
Cryptocurrencies have failed to become stable enough for mainstream use. All existing cryptocurrencies have supplies that are algorithmically fixed, while demand for money will always be variable, hence their prices will always be volatile. New "Stablecoins", though an interesting experiment, are unproven and only create more risk.
Drugs & Human Trafficking
Cryptocurrencies have provided a medium of exchange for national and international drug and human trafficking. They have also enabled money laundering and money transfer services for terrorists and other dark money pools.
Enough is Enough
Instead of creating yet another unaccountable, anonymous cryptocurrency, we created the Duro, a digital currency designed to be more stable, secure, and valuable than any before it.