I would argue that entertainment is of greater societal value than polynomial solutions you can trade for crack.
That isn't to say that I think crypto is worthless, I think it has the same worth as any fiat currency. We don't spend an entire 1% of the world's energy printing and handling a tiny fraction of the world's banknotes. Crypto is orders of magnitude less energy efficient than every other form of currency on the planet. It's like if everyone started commuting to work in 18-wheeler semis.
That isn't to say that I think crypto is worthless, I think it has the same worth as any fiat currency. We don't spend an entire 1% of the world's energy printing and handling a tiny fraction of the world's banknotes. Crypto is orders of magnitude less energy efficient than every other form of currency on the planet. It's like if everyone started commuting to work in 18-wheeler semis.