Perhaps Cryptocurrency Is Just Stupid?

When I first learned about Bitcoin sometime in the early 2010s, I didn’t invest in it because I couldn’t find a meaningful way it improved my (or anybody else’s) life. It was slow, ugly, clunky and used by the kinds of people that I hadn’t seen since I used Usenet or the Compuserve BBS. They were fanatical about the future of this currency, and I don’t remember anybody really discussing value until the first major crash. People insisted that this was the future of money — that this would simply be how people sent money to each other in the future.