[gonehome]

I'd read that bitcoin for the open minded skeptic article I linked, I think it makes a good argument about that core use case.

A decentralized global store of value has a lot of utility - more so in countries with bad financial systems and limited access to dollars. I think global currency/value store is the killer application of blockchains, and it makes sense a lot of the focus is on tooling/products around this. Provable membership/ownership via tokens is an interesting spin off.

Evading capital controls I think isn't a great use of it actually given the public nature of transactions (unless you're willing to flee the country I guess, which can be good for getting wealth out of countries with authoritarian governments).

The ability to publish and update decentralized state is a new ability and useful. There are obvious tradeoffs around speed and complexity and a lot of things should not make that tradeoff, but the use cases here are real - at least I'd bet on that, it's not "all a scam".