Excellent post, I watch all of your videos but have been looking for different analysts because you haven't been posting frequently and the most serious ones share the same opinion as yours.

I do believe in cryptocurrency and its underlying technology, the main purpouse I jumped into BTC was because I wanted to see a world of finance without intermediates institutions biting a chew in fees.

The most promenient use cases for cryptocurrency in general are:

Store of wealth in the "cloud", eliminating the need for banks to store physical FIAT;

Fast reliable and cheap international transfers, which today not only are expensive but also slow because if you live in a country other than the US you can't simply transfer the money directly, let's say Canada to Brazil, you need to convert CAD to USD and then USD to BRL, leaving thousands of fees and spreads on exchanges, not to mention heavy government income taxes;

Abolition of credit card instituions (another man in the middle), for day to day transactions, this one will hopefully inprove the world economy as a whole, because if you don't know, MASTERCARD, VISA and etc charge percentages of EACH sell from the seller, turning this case scenario one of the best in adoption of cryptocurrencies, pushing the prices of everything down.

However, let's not forget that governments doesn't like the fact they can't charge income taxes directly from the storage and use of cryptocurrencies not do other financial institutions such as banks and credit card companies like the fact they will loose massive revenue as people start their transactions without them.

It is fine to enter this market for pure specullation aiming portfolio diversification and higher returns; however, if people knew the power they have in their hands right now, worldwide adoption of cryptocurrencies would make governments and other financial institutions to bow in front of us.

Hoping to see the day I'll be able to buy a hot fresh bread from the local bakery with cryptocurrencies. In the past they accepted cash only, in a few years it started to accept debit/credit cards, let's see how long does it take for them to start accepting crypto.