took time to read this bulky comment...you made a whole lot of points. Always good to view from another angle. Cryptocurrency has great potentials and faces big challenges too. With the inception of new cryptocurrencies we will get to a time where Nations and big firms will seize the opportunity and create their own cryptocurrencies, so like FIAT currencies, we will have crypto versions for a particular place and transactions made within there will be done only with their cryptos...and that will take us back to exchange, value differencies etc obtainable with FIAT cash.
And is it true that certain people affect the price of cryptos apart from the normal demand and supply principles? I hope its not true.