I mean, all this cryptocurrency crap is a massive scam…
Yeah because printing paper with dead presidents faces seem to be gaining more and more in value everyday!
Take a look what happens when there is a big loss in the stock market. Crypto nose dives too.
It has no value as an alternate currency because it is too volatile. It will never have mainstream appeal as far as day to day usage is concerned. It is, at best, a useful way to launder money if you're a criminal or to get around tech bans on payment processors in western countries, the latter of which is not relevant to the vast majority of Americans or even Europeans.
It exists for one reason and one reason only: greed. Greedy people thirsting for quick money at the gambling table. Your money can easily double or triple after a big run, and it can collapse just as easily as that. And now while I do greatly enjoy Blackjack at the casino, you have to admit what sort of game you're really playing.