Don't get me wrong! When it comes to making money, I am just as willing as anyone else, and I currently see a lot of opportunities to do so within the crypto space. I might even go so far as to say that there are a number of coins which will likely find a niche market in which to operate, and do quite well there, relatively speaking. What I do not see however, is crypto taking over any significant portion of the existing traditional currency marketplace. Crypto currencies just do not have what it takes to instill any significant degree of confidence in either merchants or consumers, nor is it likely that they ever will. Their very design confirms that fact to all, except perhaps the relatively few who stand to become super-rich if such a global adoption were to ever take place. Crypto itself is not dead, but its chance of ever carving out a significant share of the global currency market, is dead. That will most likely never happen!
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You have a point. However, We we have to wait and see what becomes of cryptocurrencies in the nearest future. As for crypto enthusiasts, they will as optimistic as ever. Whatever happens, it seems that cryptos will return some real-world application.