> You can do that only because Bitcoin is currently underregulated... Governments will eventually regulate it and then Bitcoin will become even more expensive relative to other options.

Sure, and if that happens then it's value as a liquid fiat will decrease. The idea that "it only goes up and to the moon!" is what has made everyone declare it a scam.

If it currently has a use case then it has value. The currency is not a "scam" but this horrendous idea of treating it as an "investment" is delusional.

I think cryptocurrency has a few very valid use cases, but I think it's been shoved onto everything when it's not even needed (CSGO has been fine without NFTs).