Great points!

I assume though, you're referring to cryptocurrencies and not crypto tokens, which are usually categorized as a cryptocurrency.

Within crypto tokens, there is a class known as utility tokens which do have productive value.

For example:

Helium (HNT): Tokens are the means of sending packets across a decentralized network.

Filecoin (FIL): Tokens are the means of paying for file storage across a decentralized cloud.

I'm just bringing to your attention that's it's possible for crypto to have value because they accomplish productive activities - specifically access to decentralized technologies.

It's unfortunate that the true benefits of crypto - consensus among untrusted parties (removal of the need for easily corruptible central authorities) - often get lost in getting rich quick.

I feel as though we're in 2000 again with the tech boom. As then, it's true technology was going to change the world; however, the changes (and profits) weren't coming to come for another 10-20 years. The same is true for crypto now.