Why is cryptocurrency so popular today?

Why has cryptocurrency garnered such widespread popularity in recent years? Is it due to its decentralized nature, offering individuals a sense of autonomy and control over their finances? Or perhaps it's the potential for significant returns that has attracted investors? Could it be the novelty factor, with the technology still in its infancy, sparking curiosity and intrigue? What about the potential uses in areas such as cross-border transactions, where traditional banking systems can be cumbersome and expensive? Or is it simply a matter of speculation and the herd mentality, with investors following trends and seeking to profit from market movements? Understanding the reasons behind cryptocurrency's popularity could provide valuable insights into its future prospects and implications for the financial landscape.