Why do people buy cryptocurrencies?

Why do individuals choose to invest in cryptocurrencies? Is it solely driven by the prospect of making quick profits from speculative trading, or are there other underlying motivations at play? Do people see cryptocurrencies as a viable alternative to traditional fiat currencies, offering a more decentralized and secure way to store and transfer value? Perhaps some view them as a hedge against inflation or as a means of diversifying their investment portfolios. Additionally, could the allure of emerging technologies and the potential for disruptive innovation in the financial sector also be contributing factors? Ultimately, what are the key drivers that motivate people to buy and hold cryptocurrencies?