One of the stated use cases for crypto is the idea that it could have value as a medium of exchange. The idea that it could be used as a commonly valued asset that could be exchanged for goods and services.

That holy grail is still quite a long way off, with the clear majority of companies and individuals not actively accepting cryptocurrencies as payment. In fact, most people on the Earth don't have any connection to cryptocurrencies at all... and if you think otherwise, then you are in a bubble!