That's the thing. Blockchain tech is still pretty early stage in terms of reaching the general consumer. Yes, Bitcoin has been around for 8+ years now, but it takes a damn long time for a brand new type of technology to mature and work out the kinks. Ethereum has only been around for about 3 (2014).
It's easy to look at the space right now and see that it isn't currently viable, but that sentiment completely ignores the passage of time and the fact that we are moving towards the goal of general applicability.
Yes, there will probably be a 2000's style shakeout of all the failed or mislead or me-too attempts, but the fact that there are so many projects popping up should tell you that we are still trying to figure out what we can and should do with blockchain.
It's easy to look at the space right now and see that it isn't currently viable, but that sentiment completely ignores the passage of time and the fact that we are moving towards the goal of general applicability.
Yes, there will probably be a 2000's style shakeout of all the failed or mislead or me-too attempts, but the fact that there are so many projects popping up should tell you that we are still trying to figure out what we can and should do with blockchain.