Bitcoin Forum

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.

Crypto needs real-world regulations to get to that stage in our world but still I doubt it will happen, BTC for example is a decentralized crypto project that is why I feel like crypto purpose was to stay hidden and private in the first place and since centralized power rule the world people aren't ready to embrace crypto fully in the open but only in private.

Probably, but I don't think it's going to take off in one fell swoop. I think it's going to be a lot of different things. It's going to be a lot of different use cases, both on the consumer side and the business side.

Crypto already has real life use cases. I just think those are largely in the early stages and crypto hasn't really reached its full potential as a store of value or transfer of value. Bitcoin really only has two applications in the real world: it's a payment system or a speculative investment. Most people, though, aren't paying for things with bitcoin. I think that's something that's going to be a huge growth driver for the industry and the protocol.

I think the real movement is going to be around the lower and middle classes of the world who aren't super wealthy but they want to participate in the growth of crypto.

Is it crypto which is the problem or is it human? Stable coins was created and those can be used by merchants if they want although I don't recommend it for personal reasons. But it is there. It's 1:1. So they won't have any problem with volatility but we don't see much merchants who post signs of "USDT accepted here". In my experience, I haven't seen one.
So, I have a feeling it's not crypto that is the problem but the courage to use it despite the volatility.

In some places, crypto already has its real life use case but in the majority, it is not. What is stopping Crypto from its real life use case is regulation, as of now many people see it as a speculative object. They claimed it can endanger a country's economy and bring instability to the system if it can be used as a real object under regulation.
I bet it will keep like this until virtual reality comes up and becomes a thing, since virtual reality requires a digital currency and they are forced to make a regulation that fits the era.

It is just a guess but who knows what might happen in the future.

I think the paradigm is shifting already that bitcoin is taking the center stage with the recent awareness and use of bitcoin as an asset and flow of financial exchange.
But bitcoin is not privately used because it is openn source through the blockchain.

It is happening gradually and may need few decades to become completely accepted, look Ukraine government itself is asking the donations in the cryptocurrencies which is a real life use case right but for individual it is still speculative asset and it may be like that for very long time.

It's the fluctuations stopping users to adopt crypto for real life purpose, due to volatility either the sender will regret if the value increases while the transaction is processing or just after the transaction or the receiver will be in loss of the value dumps once it's received or before he/she could convert it into stable coin. There is an Altcoin named Utrust who claimed to convert the payment and transfer it to receiver's bank account in their fiat for transaction made through crypto but the project didn't get the desired result and if they are succesful in doing that in future or if any other altcoins or new projects provides this feature then this issue will be resolved to an extend but they might have to go through regulators.

Cryptocurrency for now is mostly speculative because most coins and tokens don't have real life use case but we're getting into a transition period with game based tokens and well funded crypto project that are gradually having real life use case. I still consider cryptocurrency as being in its early stages.

The answer of this question changes for everybody tbh. If you use crypto only to buy & sell, then its a speculative asset for YOU. If you have a business that accepts crypto payments, then it is solving a real life problem for you business. Most people use it as a speculative asset and that's true but there are also some people built their businesses completely on crypto. Right now the Russians are probably benefiting from crypto a lot since no international banks are serving them anymore.

I believe cryptocurrency is been adopted gradually. Bitcoin is one of the most trusted payment platform across the globe. Even in some very tough regime, bitcoin have been able to surpass restriction and ban! Ethereum is another altcoin with massive defi users and defi has been very successful on ethereum with blue chip ethereum token like Aaeve, compound etc! So, the question of real life use has been very much answered!

People are just running out of ideas right now and they're basically doing the same thing all over again. It doesn't happen just in crypto to be honest. I would be a little bit off topic in this example but look around your area if the local fast foods or even coffee shop are uniquely different from each other.
In my experience, they're still all the same with just a different logo and name. Same goes with the project these days, and worse is that some are even copy-pasting WPs of other projects.

Year's ago 60% of the world don't give a f*** about Bitcoin existence until things started changing gradually to me bitcoin has died several times already and still standing strong we don't need to rush everything out.

Ever since.

Crypto has always been a speculative asset and that's why everyone gives their own analysis and prediction on how it will look like in the future especially for the specific cryptocurrencies.

The real use case should be it's applicable as a payment or what has been said on its whitepaper.

It is happening but not for all the cryptos. You look at the top in the market and most of them are being used as is.

Crypto is currently just an asset for commodities, but there are some crypto projects that we can actually use in our lives and can be a substitute for currency for payments, but all this is only true in some countries that allow Crypto as a means of payment, so we better follow current what is happening in crypto so it doesn't interfere with our real life.

We need radical changes for cryptocurrencies to be used in real life (It's not an easy thing). There are two ways for this to happen. Authorities will impose this change through laws or compelling natural needs will push people to this change. Governments/authorities are not positive towards cryptocurrencies (except El Salvador). Therefore, imperative natural needs can be decisive. For example, the Pandemic restricted the use of paper and coins (risk of contamination). For example, global inflation limited the trend towards fiat currencies. Mandatory natural needs will eventually push people to use cryptocurrencies. We just need some time. Remember, we are early cryptocurrency adopters.

Well El Salvador news was one hell of an adoption of crypto especially Bitcoin. There are some authorities that are still neutral to it and pretty much they're not "fully" against it, but are looking for ways to regulate it therefore putting a tax into it as well which sucks for some.
This pandemic somehow made some think about crypto but it was the exact time when NFTs were now a thing.

 Why do people insist that a "usecase" or "utility" couldn't be just purely digital. Like for example DeFi is purely digital, and you do not use UNI or Cake to buy something and all, those are just regular tokens. However defi allows people to trade without needing a central exchange and while the people who trade still pay a fee, this time it doesn't go to exchanges but go to regular people like you and me who stake that token. Which is why that is a utility, it actually means something and everyone makes money there and there is a reason for it to exist without using it on real life. So do not look for reasons to use something in real life alone, if that happens then thats great but if not then it can be used in crypto world as well.

It's speculative but it's not only just a speculative asset and it's more than it.


What do you mean by old? So what's real-life use case what are you looking for? You can use crypto to buy a tank to be used in your real life. You can buy a plane using crypto as well or even buy a train if you want. What you are talking about was totally a nonsense thing. Crypto can be useful in digital or real-life depending on what use case you are looking for. If you wanna buy some toilet papers and just sold some crypto and then you will get it.
Why are you always wanna seeing the real use case while people have been using crypto for various things in their life like funding your life with crypto?

Crypto has been existing now not only because of hype but some of them have actual usage in the market. Businesses are using some of these networks within their financial system already, aside from the top choice which is still bitcoin, because of its popularity. Though crypto still remain to have the speculative factor in it, but it already evolves to something more than being a speculative asset. Just look at how many merchants or shops that are already accepting crypto in their payment system? There may be he hype but it is mostly true in new category of projects like the meme and defi.

You must be see el-salvador, real use that's is happening. Accept crypto as a means of payment in a number of european regions also it happens and exists, not just speculation and hype. See also NFT and see the history of the project in ICO in real use it has a lot of game development infrastructure and others, can't be explained in too much detail.

Crypto currencies were never just a speculative currency or "just a hype". Maybe some are (most of the shitcoins actually), but not the ones that are trending, currently in the top. Yes, crypto currencies do have utilities. It is still on their infant stage and much development are needed to make things more perfect.
Most stable coins are centralized and your wallets can be frozen. It is not "1:1" pegged like they make you believe. Better to pay with fiat currency that to use those centralized currency, right?

It seems both are still around here. Where crypto is speculative and also there are still many hypes going on in the crypto world. Moreover, if there is something big happening currently, there will be always the hype points that are increasing. And this becomes the way for scammers to make the chance to scam people and pull the money.
And mostly, many people are still scammed even with similar cases or even different ones.

But actualy not all crypto projects are hype and specualtive. there are still some that actually really have good fundamentals and also utility, but sometimes, they are covered by the hype projects that are more booming because of the advertisement, infleuncer, and also other factors.

Crypto has not become something that can have much help in real life but some cities that have accepted crypto already can use crypto as a means of payment to try different experiences in payment systems.
But in some other cities that don't have it all, people only use crypto as an investment tool that can benefit them in the future.
But they are aware that investing in crypto has a high risk because the price can change at any time and makes them have to be careful in their actions.

So many coins are now speculative or based on hype because of these meme coins hype started by Elon Musk, there are a lot of people still investing in meme coins and many developers creating in the hope that they will get pumped and hype and they are promoted as the next Doge or Shib you will get burn if you keep looking on these kinds of coins, I considered these coins high risk because they have zero usability.

the purpose of crypto being used is as an alternative to means of payment, and to date I see that it has been successful. Even in these difficult times, many people are making donations using crypto, and it's an easy alternative to helping others. to be honest, I've long seen that this has worked. however, some people sometimes take advantage of this moment to deceive others. You should have realized that too. nowadays, there is very much use of crypto in the real world. some countries even use it as an alternative to their fiat.

It may take some time for sure to accept crypto as a real use case,
for now it is only a small number who do that because of course it is hampered by regulations in each country,
We'll see how it develops in the future because this will certainly be interesting

I'd like to think we are just slow at adopting Bitcoin and other cryptocurrencies. In my country, you can save Bitcoin in a local wallet but cannot directly use it as a payment option even other cryptocurrencies. I pay my bills on the said wallet but I do need to exchange it for PHP first before I could complete the transaction. I am not against it because of the speed of price changes. But it kind of sucks to think that it is a currency but yet it cannot be used directly as a payment option.

Because they can make money in a short period of time but also lose it, well, I believe that this is the most important reason why people invest in cryptocurrency because it will grow over time and can accumulate profit in a passive manner while you are not doing anything, and because I saw that Ukraine is currently experiencing a currency freeze, people who have cryptocurrency are grateful that they were able to obtain and spend it; in short, cryptocurrency can be used as emergency money in an emergency situation.

It is difficult to understand, basically cryptocurrency is just a price game.
But if you look at the conflict between Ukraine and Russia don't you see cryptocurrencies being really useful at the time?
some big countries are afraid to enter with cryptocurrencies because prices continue to be speculated.
Even so, I have to say that cryptocurrencies are indeed useful if at one time there is a problem with their
financial flow in transactions, making cryptocurrency a simple alternative.
Unfortunately, bitcoin and most other altcoins do play from their very fast changing prices,
making it very difficult for us to make estimates, and think that this is all just a money game.

From the last few years I have seen crypto currencies are getting real life use cases as we know only few crypto currencies like BTC and BNB are getting used by people as a payment method in few countries because of its strong fundamental so I think sooner or later the time will come when more than half of the world will take crypto currencies positively excluding meme and hyped crypto currencies.

There are lots of use cases of cryptocurrencies like BTC ETH Polygonmatic BNB. these are some cryptocurrencies that I can say a lot of use cases. some countries use crypto as a payment method.
but in my country, you need to trade these cryptos into PHP first to be able to pay or shop online.

The thing is that most people think that wide adoption of cryptocurrency is something that is supposed to have happened by now, but that is not true. Judging by the way things are going already, I would say that it is perfectly fine because the growth is more than more people would have expected by now.

It does not have to do with government regulation like some people have mentioned; government regulation is really not going to make any changes in the market. Regulation is something that would mainly favour the government more than the people.

What's not real here? We make money and do you think its not a real thing?
Well, if you're talking about mass adoption we are still far from that situation but right now, many are into cryptocurrency and they are actually making a lot of money. This is not just a hype, because the price drops as well and I think this is a pure good technology where people wants a decentralized system away from the government control.

Government who are against to cryptocurrency are the ones who are delaying the adoption, but technically they can't prevent this to happen in the future, adoption of cryptocurrency is inevitable.

I think real-life use case is already happening only not as widely used as it should be but it is already happening, crypto especially btc is no more just a speculative asset as it use to be, you may say this for alts but in the case of btc a lit of things are happening right now with the use of btc directly, take the current Ukraine donations, for instance, it is a government approved funding to help people in a desperate situation, what else could be real than that?

As I see now people can buy car or house with crypto and its ok. So basicly, crypto usefull stuff now, not only speculative thing.

only those who are popular will get more value to use in real life. for now, there are not many assets, BTC and BNB are probably the most used. because the transaction fees are quite cheap.
I don't expect there will be many altcoins that can be used and accepted in the real world for transactions. only a few assets I think are enough. and others will probably follow for trading in the crypto market only.

Investing in the money market world is characterized by high risk – high returns and cryptocurrencies have become an important aspect of money markets for people all over the world and often provide good returns. In my opinion, if you can participate in the crypto market with special knowledge and good opportunities to make good profits in the future and don't forget to always look where the market is going.

Bitcoin particularly is now more than a speculative asset, look at the war going on between Russia and Ukraine I'm sure you must have heard that many are selling their Fiat for BTC and USDT, crypto is more useful than anyone can ever imagine..DYOR.

I think because of the crypto volatility, cryptocurrencies like Bitcoin can be used as an investment asset, rather than for payment in the real world, aside from volatility issues the second reason might be this, as we know that we cant send crypto without transaction fees, and that was an additional burden to many users while using fiat there were no fees for transferring payments and that could be the reasons why the massive adoption was not happening yet in the real world. anyway, it's just only my opinion.

What about before? crypto before is also considered to as a speculative asset so nothing have changed but btc isn't based on hypes. The growth of btc is natural, people are attracted to it because of it is groundbreaking technology although hypes cant be avoided in bitcoin, one example is the recent effect of the war.

How can you say that real life use case are far when in fact it's already happening? If you want something to happen then you should act immediately, don't wait for others. What stopping this from happening is only yourself because your more on talks but less on action but anyway there's literally stopping this and that is the banning by the governments.

still in the stage tto of being accepted in the community because at this time crypto is still considered foreign in my area, to explain it is still difficult

Depends on which cryptocurrency you’re talking about, not every cryptocurrency in the market has a high use case, it is mainly Bitcoin and Ethereum dominating when it comes to use case; these two has a lot of people making use of them for transactions and also lots of stores where they are being accepted and the usage rate will continue to increase as time goes on. And sure, there are also the coins that are nothing but a speculative assets. As for those mentioning that it has something to do with regulation, think about very well, does it really have to do with that?

Cryptocurrency is actually functional in our daily lives but it is us humans who don't consider using and adapting it much. Most people still prefer using cash despite the existence of cryptocurrency. As for me, it only needs adoption and acceptance so more people would be able to see its worth as a currency.

Crypto is pretty much still wild west. However over time the wild west will be tamed and something really strong and useful will emerge. I can already see that in the DeFi space. Compare DeFi for example with the old days 2014/15 and see the huge improvement in utility since then. There is already a lot of utility that can be obtained from blockchain technology. Several real life projects are underway utilizing derivatives of the ETH blockchain for example that includes clearing between banks and central banks.

I don't think Bitcoin's use cases have been fully developed yet. I think the use cases are very limited right now. I also think that in general, it's a safe bet that it'll probably grow significantly. But I also think that Bitcoin's factoring out of some very important stuff is going to be key: privacy, anonymity, etc. It's not a crypto thing, it's really just a computer science thing.
You can use crypto in so many different contexts. As we move forward, it's going to be an even bigger deal than we can imagine now.

quite literally everything could be used for speculative asset and not just cryptocurrencies in general, even stocks are quite frequently used for speculative purpose so it depends in the people themselves, but
cryptocurrency are already having quite the use case so it doesn’t just revolves around hype although it’s irrefutable fact that some of the cryptocurrencies are just being made for speculative purpose but seeing that there exist defi and NFT that actually
have real use case, more specifically NFT that has quite the enormous use case, i could quite say that cryptocurrencies as of now, are also have utilities backing its value and not just made out of thin air, but thats just my 2 cents.

Lots of project owners together with their claims do end up on void or doesnt really happen at all or simply stayed up only as a promise but it was never been made it happen or realized thats why it is really

hard to trust up on making out some investment which i couldnt really blame out investors to have those kind of doubts and fear on doing so.Only a few could really be seen to have that real use case or application
which is beneficial to humankind and the rest are just pure bullshit kind of claims and roadmaps which it didnt really happen in the end.

Take for example this war period between Russia and Ukraine, where other financial transaction process failed, crypto-currency has helped thousands of people this period. Do you still think it's a speculative asset? Crypto-currency right now has nothing to prove anymore to any body.
Now where people are having issues in now when they are trying to make quick money from crypto-currency, the either invest in the wrong project or the get scammed.

for those who understand the performance of cryptocurrencies will certainly be able to see great opportunities in the future. for now crypto is not the main choice, but crypto is still a last resort, as you mentioned, where in times of war and the prohibition of swifts, crypto has a function. we can see also like in elsalvador, crypto provides a solution to a deadlock

The meaning behind it was the fact that if the only reason why you are buying a token is "it will go up in dollar price" then you are not buying something for real life utility. Obviously making more fiat is a very much real-life utility, but it is not by nature, it is just byproduct of what you are doing. Like dogecoin is a thing people made money, and that's a real utility, because you have more money now. However, do you use doge anywhere? I mean not many places accept it.

So, the approach you have is a correct one and a good one, but that doesn't mean that it is what OP meant. They meant something like using it for a good purpose that would help your life.

The dissemination of knowledge is still just beginning, so we can't hope too much for good results. We need time for everyone to adapt to the market. But early adopters have seen and understood the potential it has for human life, or seen it as a solution and put aside the speculative hoardings of wealth, we will soon see a great era with crypto.

I believe that the difficulty of cryptocurrency itself being used in everyday life is its fluctuating price.
Indeed to prove that cryptocurrencies can be used in real life is almost impossible even when having
a real project like VR/AR but I believe their tokens are useless in real life.
Even in payment projects that usually rely on their tokens for transactions on their payment platforms,
they cannot be used to buy real goods due to their volatile prices.
Here, I conclude that cryptocurrencies can be published as assets that
are invested for short or long term only, not for use in everyday life, such as buying rice or bread.

Cryptocurrency have it's own ways of regulations and it determine by itself, world cant determine regulations to cryptocurrency especially bitcoin, while it can't be regulated is because of it's decentralized net worth, the things that can be regulated is the centralized fiat but in the aspect of bitcoin i dont think it will ever be regulated until it's life existence, because from it's establishment it never be review via how it comes into existence to anyone, people embrace cryptocurrency especially bitcoin according to you base on it doesn't been controlled by government.

to be able to use crypto currency, each user must use the same crypto currency as a tool to buy. indeed crypto currency can not be fully used in everyday life. but blockchain technology in cryptocurrencies is already in common use

What is the main purpose of Cryptocurrency? A decentralized currency that can be used anywhere at any time. So why should it be real currency? The main purpose of BTC & other currencies is it doesn't depend on any single one. It depends on whole crypto holders.

The sector that uses crypto as a use case is still lacking, because only sectors that work together with certain developers are involved in using the crypto function, but for real life crypto based on NFT and Defi it has been enabled using a structured blockchain system, it just takes time to maximize crypto function

That's assumptions, because when bitcoin was created or established newly their was enough scandal's which nearly destroy Bitcoin reputation not to dominate the world, but after some intervals of time Bitcoin started escalating to higher frequency, Bitcoin existence is not up to twenty (20) years now, but it influence want to take over Fiat currency influence, saying Bitcoin can't be use for everyday life, i may say is under probability or probation, because bitcoin is turning to something else, which in subsequent time it can be use for everyday activities base on it value and influence over the world.

It can basically be regulated in the sense that what you do with it can be regulated, and nothing more. People are mistaking what decentralization means for the past month because of this war. Decentralization doesn't mean just "without ownership", it just means without breaking the chain itself and changing the rules.

Like let's assume satoshi came back, and he is somehow evil, and tries to destroy bitcoin, even he can't do that, but he can definitely talk badly about it and drop the price and suddenly people will imagine it is not decentralized because satoshi dropped the price. That is not decentralization, I always give the same example, if there are 21 million max bitcoins that will ever exist, if nobody can turn that into 210 million, that is decentralized.

We are in a period that a token has a purpose to gain support and investor, it can't just exist because it's a fork of these tokens or coin investors will look for usage and purpose, investors are losing from the pump and dump coins, yet developers keep creating speculative coins the only way to stop this is to stop and ignoring these kinds of coins if no one will invest no developers will create.

Crypto is a general word and it is too broad to explain because there are hundreds of coins and projects in the cryptocurrency space and it all depends upon what all coins you have invested. There are speculative coins, then there are good projects and solid coins. When it comes to the use case majority of the online space now accepts multiple cryptocurrencies.

Some states and countries legalizing BTCitcoin and these are not secrets anymore and with that in mind you are questioning the real life utility in 2022 ;).

That's what we call investors maturity, I mean those who have been in the game already knows that newly created tokens with no utility whatsoever are just for short term investments because they are going to be used for pump and dump by the developers to enrich themselves and the only losers are the investors. But we are hardened by the experience, only new to the market will fall for this copy cat and fork coins that don't have any utility at all.

Crypto as a genre is so new.  Computers were built in the mid 1900s yet they didn't really take off until decades later.  It takes a generation to be born under it to really have something take off.  Kids born today will grow up knowing crypto so they will be more apt to use it.  Old money is tough to swing into other classes.  Give it time, crypto is here and digging in deeper into the world economy with every passing day.

To be honest people who have been looking for the real utility usage was totally a non sense thing. This can be said that he didn't understand the purpose of crypto. The only problem is this guy was looking for the real life utility but we realize that crypto was focusing into the digitalized economic system based on the decentralized network. So real life utility just another bonus but this can be said that if it can also be used to bought like food or drink once it was getting liquidated for some cash. I think that utility has nothing to with what bitcoin and crypto peg.

As far as I see it, the crypto real-life utility has been improving in the last few years.  It may not have that huge impact yet but we can see several financial institutions adopting, or making use of it as a model in their future plans.  Crypto is moving towards there but sadly it has been small steps.  I think the problem of wide world adoption is still the reason for it since the majority of the country is very tentative about accepting/adopting it since they have no full control over it.

Why? Because decentralisation is the very core of human economic freedom. Nobody gets to decide what happens to your money or where it goes except for you! No government gets to freeze your funds just because you are an innocent citizen of a country with a dictator who wages war! Nobody can take your money away from you! This is a concept which has never existed in history before.

The freedom to be your own bank.

Most likely, bitcoin will be the trade mechanism for all sorts of assets in the future. I think the banknote market is going to be one of the first target markets. You already see the banknote market being gradually been simplified and seen as a commodity – being traded in large quantities on global markets, a commodity that is used by all sorts of businesses. Bitcoin as a currency and payment system might be the product that succeeds in this market.

Yes it is slowly but surely going there to where is should be. It may take sometime but as I can see on the progress of cryptocurrency and if I will going to compare it to it's past improvement or development I can say that half of real-life utility is being adopted now by many. Well, maybe we are looking for a huge development like widely adoption of bitcoin but I know and I am very optimistic that bitcoin or crypto will be there not now but someday.

With each passing day, week and month, cryptocurrencies are getting closer to the mainstream. A few years ago, almost no one heard about cryptocurrencies. At the moment, there are several problems that are slowing down the adoption of cryptocurrencies. It is mainly about legalizing cryptocurrencies as a fully legal money. The second major problem is that people know mainly Bitcoin, which is not (yet) ready for micropayments. As people's education increases, it is possible that other cryptocurrencies that are better suited to micropayments will start to be used and then everything will go much faster.

If we consider blockchain as a whole and not a few coins or projects related to it then we would realise that blockchain is actually changing the dynamics of the world and how we see it. It is the purpose of the project that actually defines how well it is doing or will do. There are a lot of new projects in the market and the competition is getting intense every day, therefore it is important to understand the mindset behind that, the purpose it aims to solve or impact it wishes to create.

Crypto is a digital currency. Every altcoin created has its purpose behind its innovation. Getting to find its real-life utility will take time to accomplish because crypto is yet declared legal globally.

A few years back, who could ever guess that bitcoin will be the most talked-about digital asset to use to safeguard your assets. Look at where it is now, countries like Russia wants to use it as a mode of payment to transact oil and gas.

Gradually with time, everything will be digitalized. When that happened, we would get to find out that, there's more to crypto other than investing and making profits. By then we will be using the real utility of crypto and be happy we did

There is demand to use cryptocurrency as payment option. Many people already have it and also entrepreneurs and companies have it and day by day crypto is more common and mainstream thing.

Example French Connection Finance (FCF) has developed crypto payment gateway and it is used by ecommerce and brick and mortar stores (you can use most common cryptos as a payment). It is actually very easy to use for both merchants and customers. I have tried as customer. Fees are also very competitive (0.5-1.5 %) versus credit cards or PayPal. Credit cards have pressure to raise their fees [Suspicious link removed]j.com/articles/visa-mastercard-prepare-to-raise-credit-card-fees-11646743166) so crypto is an easy solution to cheaper fees at the moment.
So already in some stores you have and option to pay with cryptocurrency. And in future it will just spread when we talk about it and customers demand crypto as a payment option from companies.

I think it's very difficult for crypto to merge with the real life. because not everyone can accept the presence of crypto because crypto is decentralized which makes some people worried. and to make crypto into real life, special regulations about cryptocurency are needed so that people don't feel worried and feel safe with crypto.

Apart from speculation and projections,crytocurrency is growing towards the point where individuals and companies can use it to exchange for goods and services. Some countries and companies are already using it. Some policies just need to be in place to favour its usage and also individuals transiting into the era of digital currency. Though it might take a while since small scales business and most individuals are not familiar with it environment. Some of the exchange can exist only in the ecosystem of the block chain and the services they rander.  Mind you not all coin offer real life utility.

Mostly speculative still.

I think that there has been real utility but most of it has been limited to very niche fields (e.g. DeFi or yield farming protocols).

And I guess that's why it's still so lucrative to be involved in crypto - there are a lack of people willing to speculate/take a chance in this before it goes mainstream. Speculation also precedes real adoption.

I do think that it is not easy but I also do not believe that it is impossible neither. I mean it is quite obvious that we are talking about something that is a bit of a difficult thing to challenge but fiat world is getting more and more accustomed to crypto as well. We are seeing more and more things that you could do with your crypto and I am not really sure what we could do about that at all.

Hopefully we won't be doing anything big, but that doesn't mean that we shouldn't focus on anything hyped right now, just learn that it is getting bigger and better, and eventually we will be doing much bigger as well and will earn a lot more.

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.

Regulation is one part of the deal, the interest in that nation is the second part. There won't be a decent regulation in any nation as long as there are not enough attention towards it. There are some nations that show extra love towards crypto like Philippines or El Salvador which are small, but the USA shows big interest to it as well whereas the UK doesn't show the same interest. Doesn't mean they do not care about it, it is just that the hype is not as high as some other nations.

This makes the regulations take longer because it is not an urgent thing. Politicians who see that they could earn some votes if they support crypto regulations will make a law quicker, if there are not enough interest then there are not enough votes to get and that is why it is quite impossible to get politicians to act quicker.

we see from the development of the crypto world, it is growing very fast and well.
every day there are always new projects that have interesting concepts and offer convenience that solves existing problems.
Crypto is currently a great digital asset. not as you say speculative assets.
or growing because of the hype.
I think your insight about crypto should learn more.
out there are already using crypto in real life, be it as a means of transaction or otherwise.
crypto is very helpful in the real world depending on how we use it.

BTC and a few alts are good stores of value, if that doesn't confuse you that this is a real-life utility I don't know what will, crypto have changed so many life too and also this is another real life utility, crypto won't make it this far is it produce nothing

Most people have been using these technologies for a long time. For example, it is more convenient for me to keep my assets in cryptocurrency, but it is fraught with risks, but I trust the traditional currency even less. This is not beneficial for many structures, so the spread to the masses is slow.

Blockchain technology is a technology that is newly recognized by the public, it takes time for people to get used to the use of cryptocurrencies, an example of using cryptocurrencies in the real world is when Venezuela officially recognizes the use of bitcoin in their country, this may trigger other countries to implement the same thing. The same applies to other blockchain technologies.

As long as we are open to learning more about the crypto world, there are new innovations going around every single day and we would be doing a lot better in the long run. Doesn't mean that we shouldn't be doing anything right now, of course we could both keep on learning and also invest at the same time.

However, we should be careful about what we invest and if we learn a reason why we should divest then we shouldn't stay there for too long and get out. I personally invested into SOL back in the day, about half a year ago, and divested about a few months ago when I saw how centralized it became and that scared me the most.

Depending on how you use it, many people don't have knowledge when it comes to joining crypto, so they take the wrong steps in making decisions, indeed crypto has a speculative level and is real based on hype, but what needs to be known is how you make this crypto into something useful for you use it, because crypto is actually a tool to start investing

Crypto in my country cannot yet be used as a medium of exchange. In the real world crypto users still use it secretly. A lot of people don't know yet. Even many look one eye towards those who play crypto.

I think that real life is not far from cryptocurrencies, the use of BTC is not far because it is already being adopted, I don't know if you have read some news, but there are many countries that are putting out their regulation projects to accept cryptocurrencies, and this it is just an excuse to start trading and investing with cryptocurrencies and with BTC.

You don't have to watch the news to realize that things are going the other way, when you see telegram channels and social networks, everything related to BTC and cryptocurrencies sounds a lot. Everything goes in that direction.

Everything needs a process, what we are seeing right now is indeed the basis of cryptocurrencies full of speculation like assets that are only taken for material benefits without any other benefits, but from time to time cryptocurrencies are starting to be known to the public until they are also known by governments in various countries. Bitcoin and other coins are accepted under the regulations of their country.
Although most countries still don't fully accept it, like they only allow cryptocurrency as a commodity asset, but it is enough to be used as a real proof of investment, if you want to see cryptocurrency it seems you have to see how blockchain technology is used in many companies in the financial sector.