You raise some excellent points about the challenges facing cryptocurrencies. Their volatility is a significant barrier to widespread adoption; until this issue is addressed, it will remain a hindrance.
The environmental concerns and regulatory cracks down on crypto mining are also necessary and, in some jurisdictions, long overdue. The potential for fraud, money laundering, and other illegal activities needs to be taken seriously and managed responsibly.
blockchain technology is probably the most exciting aspect of cryptocurrencies, with vast potential beyond coins like Bitcoin. There are so many applications that can benefit society, as you say, especially in supply chain management and real estate.
As for the tensions between Western nations and China, the situation is complex and delicate. The implications are far-reaching, impacting global politics, economics, and trade flows. It's a critical issue that could significantly shape the coming decades, so it's worthwhile keeping a close eye on developments.