My point was that its currency features are the only thing that make it potentially valuable. It being a "distributed computer" like some people envision is doo

My point was that its currency features are the only thing that make it potentially valuable. It being a "distributed computer" like some people envision is doomed to failure. Programmable money is useful, but not to the tune of multi-billions. The majority of value is in the trustless money aspect, not the trustless programmability. Most people will have no problem trusting sites for short periods with smallish amounts. That's not to say there wont be any use-cases, or even many. There could be very many use cases for eth in fact, but it still not be multi-billion market cap valuable.