Is crypto now more than a speculative asset or just the same old thing based on hypes only because it seems like real life use case is far from crypto, we want it to happen for real but it's really not happening, what is stopping this from happening already.
Take for example this war period between Russia and Ukraine, where other financial transaction process failed, crypto-currency has helped thousands of people this period. Do you still think it's a speculative asset? Crypto-currency right now has nothing to prove anymore to any body.
Now where people are having issues in now when they are trying to make quick money from crypto-currency, the either invest in the wrong project or the get scammed.
for those who understand the performance of cryptocurrencies will certainly be able to see great opportunities in the future. for now crypto is not the main choice, but crypto is still a last resort, as you mentioned, where in times of war and the prohibition of swifts, crypto has a function. we can see also like in elsalvador, crypto provides a solution to a deadlock