You ignore the fact that many cryptos are not aiming to be digital money but aiming to solve real world problems. Look at Medichain or use the use of Ethereum in Brazil to cut across ballot rigging.
Those who disparage cryptos ignore the fact that our current fiat money system is not exactly working very well is it? The last 10 years have seen a gigantic transfer of wealth to the 1%.
I don't want to spend my crypto. I want to use it for real world uses. I recently bought some gold with my crypto as a hedge against the dollar crashing and the possibility of hyper inflation thanks to the trillions printed by world central banks to pump up paper assets.
Most of the people commenting here lack a historical perspective and probably have never done any research on economics. Read Jim Rickards book, The Road To Ruin for a good overview of the giant ponzi scheme created by world central banks or the Bubble and Beyond by Professor Michael Hudson.
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