Many crypto communities have been trying very hard to disconnect the two (price from success) in the public’s conscious. Which has some legitimate arguments in it’s favour. My view, and I don’t have much of a horse in this race, is that price may be one contributing metric but it’s a weak one to use as the only metric.

There’s tons of work involved in getting adoption for the tech happening in the background that is disconnected from the price. Especially considering how many people are speculating with it using vague public indicators (like media hype) without much direct connection to the value it’s producing.

Not to mention the unpredictablity of it’s long term value of an entire tech is far harder to predict than it is a companies value via stock price.

Real Estate has a certain real world utility.

Land would make extremely poor money.

Lots of people refuse to trade land because they think it will be worth more in the future. Look at the housing markets of major cities. And that is when you have a highly localized set of potential buyers.