What is the actual use of cryptocurrencies?

In the early years of their existence, the concept of cryptocurrencies seemed like nothing more than a joke or a financial scam to the majority of the people who heard of them. The moment you brought up the topic, you would either be considered a scammer
or one who had been scammed and dismissed. We have come a long way since then. The world has learned of cryptocurrencies and most of us have come to regard it as an interesting financial asset that has been added to the very large pool of already existing
financial assets. Some of us trust cryptocurrencies to be a reliable way of income and unit of exchange, while others see the technology behind cryptocurrencies as the source of the kind of breakthrough that would change the world. Something on par with the
invention of the first lightbulb or even sliced bread (who could have ever thought?).

Despite this, one line of connection to the early days of Bitcoin and cryptocurrencies today remains the way it has, seemingly,…