I don't know that it is failed but I think if you really analyze the major cryptos I still believe they are electronic commodities which makes since anyone born after the Netscape IPO has only known internet living and not the old analog living (CDs vs MP3s, streaming vs. cable, etc.). It is not a currency any more than Copper or Gold. Historically metals were used as currency before the printing press. Wealth of nations is based not on currencies or natural resources but the cumulative knowledge of the populace. In fact most natural resource heavy economies turn into lazy dictatorships (Venezuela, Russia, KSA, etc.) or kleptocracies (Malaysia).
Still waiting for a single use case to be presented to me that isn't already being done better elsewhere No,. price speculation/scams, Bored Ape money laundering, no, and micro loans to 4th world peasants, uh, no. I'll wait another 10 years
Here is a wild thought. Instead of the intellectual laziness of demanding that somebody else explain to you the value ... maybe do some work yourself to see what everybody else is excited about. People dont give a shit to convince people like you, you are going to have to do that yourself. Or not and just keep bitching, we will see how that turns out in 5 years
I guess my point is you need to want to learn and you need an open mind. Asking random people on the internet to persuade you, when you already have your mind made up, is intellectually lazy. If you don't do any work you will get no reward. It's really that simple.
this is a typical answer. And yet no one once posted what is it that BTC solved that needed a solution for???
I have posted MANY things MANY times, but people predisposed to disliking bitcoin disregard it (shocker). Im done with doing it. If you cant see any use case of bitcoin at this point then good luck to you sir