Earlier quoted context omitted.
I think it's worth separating the technology of cryptocurrencies from the culture surrounding it. Blockchain technology was innovative and is interesting, but still early stage. I doubt that many of the early adopters of Bitcoin expected it to blow up in the way that it did, rather than just being a cyberpunk experiment that would potentially lead to some world-changing technology in the future. I would consider myse…
> Blockchain technology was innovative and is interesting, but still early stage. [1] - Cryptographer David Chaum first proposed a blockchain-like protocol in his 1982 dissertation - Further work on a cryptographically secured chain of blocks was described in 1991 by Stuart Haber and W. Scott Stornetta - In 1992, Haber, Stornetta, and Dave Bayer incorporated Merkle trees into the design - The first decentralized bloc…
You are wrong. There's at least one discernible use case for Blockchain: the facilitation of crime. To that end, it's been very successful.