Yeah, the crypto market cap went up by 2 trillion in one year, then went down by one trillion the last week of that year.
No they are not an hedge against inflation.
Plus there’s nothing of intrinsic value there. They are a speculation medium, not a currency.
Nothing of of intrinsic value.
It is all psychological.
Yes... not yet a currency. The general acceptance has yet to materialize. And governments are just beginning their attacks on the medium of exchange.