Worse of all is that this abbreviation must have come from someone who had no idea what cryptocurrencies are; someone who thought it was "magical WoW money but better".

Because I just can't wrap my head around the fact that anyone who knows what a cryptocurrency is, is somehow unaware of all the massive prior art indicating that crypto=cryptography.

It's like calling light bulbs "glowing pears" (jk, I love the German language <3).