[rvz]

Exactly. Most of all these cryptocurrencies have failed and they will not survive regulations if they were to come in.

> there are very few applications where blockchains make sense (e-sports and games, the SWIFT banking "backend"). Yet even for those a central database is a better technological, and business fit than coins and blockchains while also not being as environmentally damaging.

The banks will just use Central Bank Digital Currencies (CBDCs) instead and will pick either XRP, Stellar, etc to use for that purpose.

[cableshaft]

Most cryptocurrencies failing is not an argument against them.

Most startups fail too (90% in 2019 according to Investopedia[1]). Does that mean no one should invest in, work on, or give a chance to any startups?

[1]: https://www.investopedia.com/articles/personal-finance/04091...

[rvz]

> Most cryptocurrencies failing is not an argument against them.

My whole comment already implies utility in cryptocurrencies - directly towards payments and towards the parent especially if cryptocurrency regulations were to come in the long term. (with examples)

Tons of other cryptocurrencies are going to fail once regulations arrive and realistically, those that have no serious use-case in general other than being meme or hype coins will wither away.

[cableshaft]

I guess we're not actually in disagreement then.