Its price has collapsed, leaving a million investors with losses of $US3.8 billion.But the crypto industry losses aren't isolated to Trump family ventures.Across the entire landscape investors are sitting on massive losses.Having been delivered everything they've always craved, widespread acceptance and respectability, Bitcoin devotees have found themselves holding just another asset that has no useful purpose and a questionable future.No longer a renegade, it's become an also-ran with little purpose other than as a gambling instrument And even that is now under threat.Michael Saylor finally had some good news to trumpet last week.The stock price of his company Strategy, the world's biggest corporate owner of Bitcoin, shot up after it raised cash and, to celebrate, Saylor published his latest vision for the future of the cryptocurrency.Saylor is a man under pressure