Why is crypto doomed to fail?

Bitcoin is completely incapable of competing with well-established fiat currencies mainly because its owners prefer to hoard rather than spend , and this is the primary reason why in the last couple of months its value has soared up almost endlessly.

Cryptocurrency critics say the market is doomed mainly because of a lack of acceptance, the denial of applications for crypto-ETFs, and the future of regulation in the market .

Investing in crypto assets is risky but also potentially extremely profitable. Cryptocurrency is a good investment if you want to gain direct exposure to the demand for digital currency . A safer but potentially less lucrative alternative is buying the stocks of companies with exposure to cryptocurrency.