Cryptocurrencies currently have no positive value, including Bitcoin, and have not brought any benefits to the economy.

If we insist on saying there is value, it is the value for illicit activities; criminals, those involved in grey and black markets particularly like cryptocurrencies. Additionally, there is the value of wealth transfer, moving money from the pockets of retail investors to another group of people. The few who make money through mining, holding coins, or legitimate trading may be the only clean individuals in this space.

Stablecoins may have positive value in the future.