I’m sorry, but yes they are… the security of the system was supposed to be built in, and it was supposed to have its value built in. Neither are true. It’s not decentralized and at this rate it never will be, and seeing how it turned out so far, it would be a good thing to fail.
Like, yes, when I take my kids to Chuck E. Cheese I do want to convert my money into the tokens. I do not want to store them as that.