share your biews

With China and US government discouraging cryto and setting up their own digital currency, will this signal the end cryto soon?
is it a coincidental that report of hacker demanding only cryto payment paving the way of the downside if this currency ?
Till today still don’t understand how wealth can be created by “mining” the cyber space?
Its all demand and supply and 100% punting.
Good luck to all.