If crypto coins fail, it will not be due to the cost of creation.
Failure will be due to us the user of the currency not creating any back up for the coin. By back up I mean, All other industry can use bitcoin or other crypto, But not all accept it. as a community we need to find ways to get crypto used in more ways, be it Bitcoin or another.
The idea of the crypto was to negate the control of finance over individuals or groups. This also needs to happen in other area's of daily life too.
While everyone seems willing to invest in the possibility of gaining profits from the Crypto market, it seems none are inclined to put any investment from their gains, to help others out from the control of those who only care for themselves.
I think crypto is even more wasteful if it's just used as an investment and not to some real issues. People are not spending it as they are all holding in hope of future profits. I hope Steem can be different
I am here to try change that. I have a long haul with a heavy load to get there, and Lord know's how many toll's to pass. Presently I have only discussed in any manner with @Steemgoblin
My views there are seen some interest. But need a lot of organising. I have different views on profits, I believe rewards should be there and not all rewards go to one place. Opportunity now available now to make changes on many platforms, not just within the financial system.
Cryptos are mostly assets due to the availability to use them. This is where I think investing with the crypto outside of the digital will play an important part of the success story of the currencies.
With our investments outside of the digital we can receive payment with Digital currency, (if this was done from Steemit, we would obviously accept Steem coins as 1st option, initally as the only option).