Can I buy a pizza with it or pay my bills with it? Can my employer pay me in it? Or is it just an “emperor’s new clothes” thing? I just don’t see the tangible value in it. Rhetorical questions, BTW, I know you can’t buy a pizza with it, at least outside of some edge cases that I’m not aware of.
I thought what made money money was everyone agreed it was valuable and was willing to exchange it for goods and services directly. I don’t see that with crypto.
That’s not true, Steam stopped accepting Bitcoin because of the large transaction fee and value volatility. Here’s the news from when they did that https://steamcommunity.com/games/593110/announcements/detail/1464096684955433613 in case you don’t believe someone who was buying games with BTC on Steam back then.