I see the problem with this bitcoin. It isn't based on anything at all, nor does it produce anything at all. It is simply a way to gamble, that's it. The blockchain it rides upon is something very good and very useful as it provides a medium of safety, security, and even honesty in it's openness to the the world, yet it's security virtually unbreakable because of its openness to all. I would like to see a way for cryptocurrency to be more than a way to gamble away real dollars for a chance to make more real dollars using bitcoin as the gambling chip it is today. I think it is much more valuable to the world then that, if somehow we could understand a way for it rise above this virtual token gambling chip.
The blockchain it runs on wouldn't be near what it is without Bitcoin. Both are what create the value, and more importantly, the potential for value that will likely continue to grow as we move forward over the next few years.