In some cases yeh bitcoin has not lived up to initial promises, literally first line of satoshis paper is no longer valid, but it could yet be like early internet and take off (or something similar)
i wouldnt write it off but yeh you are also right its not what we thought it be, the whole store of value thing these days instead of currency
Fee's are still high. Crypto still can't handle a lot of traffic as far as i'm aware today.
And what about the whole tether scam?
There are more problems to crypto currency than that any crypto solves now.
I don't know what's going on with Tether, but it definitely looks iffy to me.
Do you think maybe you have some biases against it now, because it would have made you a lot of money if you held on to it?
Nobody is paying 22$ for a 1$ product, I'm not sure how you can even remotely come to that while ignoring all the layer 2 developments.
There's a ton of really useful projects happening on DeFi, you can see the blockchain data for yourself and see that a lot of people are using it, maybe you don't see the use case, but that doesn't mean there isn't any.
What is probably biasing me, is that I had a digital magazine and the #1 hit was for "how to recover Bitcoin password".
Which also leads me to my conclusion: "There's currently no replacement for a official and trusted centralized authority in Crypto".
I'm also not going to put my money in a joke coin like dogecoin.
I like the blockchain, but crypto is just an implementation of it and without a use-case currently ( blockchain has multiple use-cases though).
Instead of trying to go on the emotional side with "hate-train"?
Try to convince me with facts.
Ps. I owned crypto until 2017 and then sold it then, because i didn't see a valid use-case ( and 20 k was high enough for me)