I'm a blockchain skeptic, but I do think there are some valid use cases. A great example was the Greek banking crisis a few years back. Bitcoin skyrocketed beca

I'm a blockchain skeptic, but I do think there are some valid use cases. A great example was the Greek banking crisis a few years back. Bitcoin skyrocketed because with the banking system shut down, it became the most practical way to transfer money. There are only a few limited cases when banking would be shut down and internet access would still be functioning and useful, so bitcoin may not be a good alternative very often, but at least until the collapse is complete, it will probably be a valuable asset. :) Bitcoin is in fact among the worst of them when it comes to practicality. Litecoin's fast blocks are much better. For the most part, though, I think you're right that bitcoin/blockchain is massively overhyped and not useful outside of a small niche, and that its technical limitations and vulnerabilities are massively underplayed.