Cryptocurrency is not purely narrative driven. Bitcoin is, now. It wasn't up until 2017, when its daily transaction count was more than doubling year over year

Cryptocurrency is not purely narrative driven. Bitcoin is, now. It wasn't up until 2017, when its daily transaction count was more than doubling year over year for 8 years: https://www.researchgate.net/figure/The-number-of-confirmed-Bitcoin-transactions-per-day-2009-2018_fig1_327509740 https://www.researchgate.net/figure/The-number-of-confirmed-... During that period, Bitcoin was amassing real network effects, which persist to some degree to today. Some cryptocurrencies are amassing network effects these days, and may one day reach a critical mass of adoption that leads to one or more becoming a permanent fixture of the global economy. >>As a result of crypto being a failure in its original purpose of payments As touched upon, Bitcoin was succeeding in its original purpose up until 2017. Its failure since then was due to what amounts to politics, not any inherent limits in the technology. Other cryptocurrencies have more than picked up the mantle since then with the development of technologies like zk-Rollups, zero-knowledge mixers and algorithmic stablecoins, and with these advances, hold the potential to create the ultimate payment system: one that is permissionless all over the world, not subject to volatile prices and cash-like in its resistance to mass-surveillance.