Is that true for Bitcoin & Gold? Couldn't lets say a government purchase then dump an insane amount of coins at once to reduce the value? Surely the control just lies with people who own a large quantity of bitcoin to be able to control the market.

I agree that it's a opt-in alternative for people who find FIAT currencies lacking, maybe store of value is a use but it just feels within the speculative asset aspect. I feel the same way about it as someone storing a bunch of gold in a vault, which kind of cements my view.

I suppose this is what I mean, I don't think NFTs are specifically bad, I value it in the same way i'd do dropping 6 figures on pokemon cards, except it's just slightly worse than owning a collectors item, which is my original point.

So yeah - if the argument is that crypto/blockchain just exists as an alternative currency, and that's all it will ever really be used for, I suppose that's a use, i'd probably have all my money in crypto if I lived in a highly inflationary country