Well, I would say the utility value of those qualities is well offset by its problems, such as way less market sized than pretty much every main asset class (it’s only more liquid than realestate for fast in-and-out trading of smaller values, but less liquid than even realestate for large trades - because large trades that would barelly move the realestate market can massivelly move the crypto market - or even things with much smaller market sizes than realestate, such as most individual corporate stocks and the latter are actually faster to trade than Bitcoin because the stock exchange systems are way faster ) as well as its ridiculous gamma - i.e. volatily - (worse than stocks and almost at the level of derivatives such as Futures) and hence horrible risk profile for holding wealth (but wonderful for day-trading) and any professional trader will take that price risk into account when calculating the value of such an investment (and in my experience in the Industry and in derivative pricing, stuff with high gamma needs to yield massive returns to be worth the risk of holding over longer than a few days unless you can find something else with a negative price movement correlation to offset that risk)

In summary, as a Financial Asset for holding wealth, its only “reliable” value is its price’s positive correlation to brand recognition, though it’s a wonderful asset for speculative trading thanks to that massive volatility and all the wonderfull possibilities to make money from the movement itself on both the long and the short side (the people I know who reliably make money from crypto currencies without actually setting up crypto scams, do it exactly via speculative trading of it in short time frames).

Now let’s talk about how good for humanity its carbon footprint is.

Bitcoin—the world’s oldest and most popular form of cryptocurrency, with a total market value that topped $1.3 trillion—now eats up half a percentage point of all the electricity consumed in the world. That puts it on par with the usage of the entire country of Sweden. In fact, Google could power all of its global operations on that amount of energy, seven times over. In comparison with more traditional online banking, a single bitcoin has the same carbon footprint as 330,000 credit card transactions.

https://www.nrdc.org/stories/crypto-has-climate-problem

Note, that’s from February of 2022. The problem has only grown since then.

It isn’t secure: web3isgoingreat.com

And decentralisation is not something you want from a currency. All money used to be decentralised. Now we are encountering the same issues with crypto as we have had in the past with real money.

It is basically reinventing the wheel while claiming wood is the better material for the spokes.