I am sure that cryptocurrency attracts people because of the possibility of quick earnings. I am sure that most people do not understand the risks associated with such investments.
I don't agree with you. Bitcoin in itself did not produce money. The money in crypto is real money that was used to buy it to become money as we see today. Only a few of the people in crypto are in to earn. The majority invested because of the tech behind crypto. Some think crypto is a better way to store your money than the bank so we should not be thinking about the earning part always.
Even from what I know, since real money is used in crypto, whenever you are gaining, someone's is losing. That is the cycle in crypto.