At least a casino gives you an experience.

You wear something nice, you go out with friends, get a couple of drinks + dinner, maybe see a show - and then lose a few hundred tops playing the roulette table.

My next door neighbour met her boyfriend at a girls night out with her friends, at a casino, and they've been together for almost 2 years now. We live in a world that has less face-to-face contact, we're all too online, so a gathering place like that where you can socialise has value IMHO.

Crypto doesn't give you any of that. Bitcoin is you, alone, up late at night and refreshing some phone app for the current btc rate. Or watching crypto-cultists youtube videos.

Unlike ETFs or stocks, it's traded 24x7 and fluctuates drastically long after the NYSE closes for the day. It's nonstop drama, without any human contact.

It's so toxic, even if you don't consider the fact your life-savings probably got halved over the last 6 months.