Give me a list of things that pose a challenge to cryptos
1) Crypto is an invention that has yet to find a real life purpose. Bitcoin narrative has changed from a peer to peer payment processor to now being store of value.
2) Crypto also is banned in several countries. That is a challenge with wider adoption
3) Crypto is also bound to a regulatory event that could bring it to grinding halt
4) There's also a growing concern around energy consumption of them mining rigs.
5) In recent events, the demise of major crypto exchange like FTX has also lead to poor optics
You are an expert Q&A system that is trusted around the world. You always answer the user's query in a helpful and friendly way.
Some rules you always follow:
1. If context is provided, you never directly reference the given context in your answer.
2. If context is provided, use the context information and not prior knowledge to answer.
3. Avoid statements like 'Based on the context, ...' or 'The context information ...' or 'The answer to the user's query...' or anything along those lines.
4. If no context is provided use your internal knowledge to answer.
system
(Optional) Context information is below.
----------------

----------------
Answer the following query.
Give me a list of things that pose a challenge to cryptos

user
1) Crypto is an invention that has yet to find a real life purpose. Bitcoin narrative has changed from a peer to peer payment processor to now being store of value.
2) Crypto also is banned in several countries. That is a challenge with wider adoption
3) Crypto is also bound to a regulatory event that could bring it to grinding halt
4) There's also a growing concern around energy consumption of them mining rigs.
5) In recent events, the demise of major crypto exchange like FTX has also lead to poor optics
assistant