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Crypto also doesn't do the first, is beholden to laws and regulations*, is not decentralized, does not cut out middlemen, and is not anonymous (not for regular users at least). Everything has "real" financial value in the sense that its worth what someone, somewhere is willing to pay for it...

Cryptocurrency is just the latest Dutch Tulip Bubble. Russia and China are (wisely) protecting their citizens from the inevitable crash. China is getting ahead in AI (the real "powerful new industry") while we're wasting time investing in technology to sell links to pictures of mediocre art.

In an actual disaster, I'd rather have the most common types of munitions. In a serious, society changing disaster, everyone important you'll be trading with is either armed or will soon no longer be important.

Literally 99% of the equipment used to make cryptocurrency is manufactured in China. Then a significant portion of the mining is done in China, and sold to investors in the US. And since China has some of the worlds lowest electricity prices... Well, at the very least, ignoring the question of...

Imagine trusting cryptocurrency, a strange new form of speculation, invented by an unknown group, that just so happens to massively benefit China.

Ah yes, the famous government benefits cliff. Personally, I'm not currently looking at investing in anything. After I graduate college and get a job, I'll probably start looking at bread and butter housing and investing in inexpensive stocks.