Crypto: future of money or speculative bubble?

Crypto's price action is driven by speculation rather than use as everyday money, so most of its valuation is a bubble likely to deflate even if the underlying tech persists.

Extreme price volatility and a lack of intrinsic value or government backing prevent cryptocurrency from serving as a stable global currency.

Its volatility, usability limits, and weak real-world monetary adoption make it more speculative asset class than durable money.