Absolutely agree.  You must remember that bitcoin was established to either participate in illegal activities (remember silk road) or to have a currency for people that did not want to pay taxes.

While they may claim, "this brings power back to the people".  What they really mean is that they want to avoid paying taxes to the federal government, yet they still want to avail of the benefits of others that pay taxes.  Sure they don't want a centralized federal government to tax them, but do they want to drive on the roads paved by that same centralized government?  What about subsidized health care and other handouts that they regularly avail of?

At the end of the day, they're just greedy criminals (yes people who don't pay taxes are criminals) that want to avail of benefits without having to pay for them.

Another thing to remember is that crypto is not worth anything.  It has no intrinsic value.  The only benefit of bitcoin was it's ability to do free transactions which is no longer the case because the founders apparently forgot the underlying economic principle of "there is no free lunch".

Another value of bitcoin was only brought about by it's criminal past when it was being used on the silk road.  It's demand was there only because criminals could not anonymously transact in a sovereign currency.

For doing legal transactions, bitcoin has no value over sovereign currency and with the high transaction costs, it is worthless as a medium of exchange.

As a store of value, it is worth nothing because it doesn't exist (it's only code).

The technology is amazing, not the coin.

Just to be clear, I'm no fan of sovereign currencies either as they technically have no value either as they aren't backed by anything.

If they want to bring power back to the people, then why didn't these people just buy gold, silver, real estate or something that has value in the first place?  Well i'll tell you why, it's because they were broke.  In the physical world they had no assets, so they invented a fake currency or system that would make them feel good even though the system was unsustainable from the start (remember mining was never profitable with actual electricity costs).