[yaseer]

For the record, I don't think crypto is useless, I just don't think it's hitting that bar for a transformative technology. It's proponents certainly do describe it as potentially transformative or revolutionary.

Yes, I'm aware the dates of invention don't quite align, and the time window is cherry-picked for dramatic effect. But it's food for thought.

Nobody was debating the utility of cars and phones 14 years later. With crypto, it's like we're still looking for something as fundamental as an essential use case.

[karlkeefer]

Yeah.. the hype I think makes it harder to appreciate the main use case, which essentially was already covered by the first cryptocoin, and is still where it sees the most real-world use: resistance to state control. Folks use it to evade capital controls, use darkweb markets, launder money, find radical activism, etc.

That's still a big deal, but it's far short of the impact-for-everyone promised by some folks in the industry.