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.
of course the answer is regulation. Currently, regulations regarding crypto in each country are almost different. You will find real functionality in crypto in countries that legalize crypto as an alternative payment, and you will not find it in countries that do not legalize crypto as a payment alternative. in my own country, crypto is still very rarely used in real life, it is nothing more than an investment tool. So, when you go to some countries, you can only see crypto as an investment tool, and not see its real function. well, it all depends on the regulations of a country. So, when you see that in a country the use of crypto is not optimal as an alternative payment, it is most likely due to regulation.