JPMorgan says the only real use for cryptocurrencies will be in a post-capitalist dystopia

Cryptocurrencies have grown into a huge industry despite the asset class dropping massively last year. 
JPMorgan notes that cryptocurrencies would only serve as a hedge in a "dystopia" despite low correlation with other assets. 
"Low correlations have little value if the hedge asset itself is in a bear market," the bank said. Cryptocurrencies went into 2018 looking like an asset on the up, but ended the year by falling spectacularly, driving devotees apoplectic. 
Bitcoin, the