I absolutely do not believe this to be the case. For starters the average person probably isn’t even aware, but the vast majority of folks I’ve seen use it have found it super interesting for like a week then dropped it because it wasn’t actually more helpful/better than the previously available tools.
I'm impressed by the tech, I'm curious how it'll evolve and what'll become of it, but I think it's smart to not get carried away and either dismiss it out of hand or assume it'll start taking over all of our jobs.
That being said, I can understand why people dislike it, same way that my grandparents only use cash, they don't trust bank cards. Imagine if we still only used cash?
I'm sure there's some niche edge cases I'm missing, but where the 'post cash'/bank cards world has real advantages, how would cryptocurrency improve any normal persons day to day? I see no real advantage, it all seems more "you could also do this with crypto" - except maybe not as well/fast/cheaply/securely?
FWIW I don't hate crypto at all, I just can't see it becoming 'the thing'. AI I can definitely see having a place (already). I find ChatGPT insanely useful for some things.
Crypto's only true significant/impactful use case in finance is money laundering and facilitation of other types of crime.
Electronic money, instead of paper or coins, is there to stay. However, bitcoin is a very poor implementation of this. The mining alone has contributed significantly to the earth's yearly electricity consumption.
You may not have meant it but it sounds like an argument made in bad faith. Cash has real world application and can be used anywhere. Not trusting bank card is a choice but the alternative can be used anywhere which is cash.
Crypto at best is used for get rich quick schemes, scams, dark web payments, ransom demands etc. You said buying pizza with bitcoin. Where ? Is it an anecdote ?
While some thing might work, it doesn’t imply that it is practical.