[jonathan-adly]

Something arbitrary with no value went from a random Internet forum to $300b market cap and a legal currency for a nation-state. That’s something!

I don’t know what’s would be a better outcome.

Did you expect it to be world reserve currency in a decade? Replace the 5000 years gold? Upend the global banking system? Render the IMF obsolete? Make nation-states think twice about waging war without taxation?

I mean - surely you aren’t comparing these world-shattering outcomes to a mobile app that doesn’t make money after that long!

[leifg]

I should have said "Blockchain applications outside of cryptocurrency" but as you seem to equate the two let's talk about that.

A good metric is: "people are using it".

That is not the case for any cryptocurrency (yes and that includes El Salvador). I frequently wire money across borders and cryptocurrencies are still completely useless for it despite it being the number one use case that is shouted from the crypto rooftops.

So you're left with: "It made a ton of money for rich and a few lucky middle class people" and "some quasi dictator implemented it as an additional currency without a mandate".

[VHRanger]

Moving the goalposts to something vague and further in the future wont help you convince anyone about usefulness