> "somehow no one appears to have managed to find a positive use for blockchains that wouldn’t be better served by blockchainless technologies"
There is now a sovereign nation state that accepted Bitcoin as a currency, and, mark my words, no doubt more will follow this 2022.
Replacing central banks, and by extension, their grasp on the limitless money printing, is the whole reason why bitcoin and it's blockchain exist. And it is working wonderfully well.
People in countries where the central bankers and politicians are letting them down are flocking to bitcoin and other later inventions (such as stable coins).
Just check these countries:
- Lebanon: https://www.aljazeera.com/economy/2020/2/25/distrust-in-leba...
- Turkey: https://etfdb.com/crypto-channel/as-turkey-lira-falls-bitcoi...
> "Rampant inflation is once again plaguing Turkey’s local currency, the lira, but one saving grace could be its citizens using bitcoin to supplant the plunging fiat currency."
- Also Turkey: https://www.nasdaq.com/articles/turkeys-inflation-is-an-exam...
- El Salvador: https://www.theguardian.com/world/2021/jun/09/el-salvador-bi...
- And El Salvador again: https://bitcoinmagazine.com/culture/bitcoin-el-salvador-geop...
> There is now a sovereign nation state that accepted Bitcoin as a currency, and, mark my words, no doubt more will follow this 2022.
Sure. That's true, but doesn't actually matter, imo., because the point of crypto is to:
> Replac[e] central banks, and by extension, their grasp on the limitless money printing
So approval from the government in the case of crypto is worth about as much as it is for making love. It's the losing side of a game saying "You know what, we'll be so gracious as to allow you to win". Never needed your permission to begin with.