Yes, I strongly agree with you. In my opinion, blockchains have a lot of legitimate utility, but their applications are mostly the purview of cryptography and t

Yes, I strongly agree with you. In my opinion, blockchains have a lot of legitimate utility, but their applications are mostly the purview of cryptography and traditional Byzantine fault-tolerance. Contrary to popular belief, blockchains (in the abstract) are capable of resolving difficult problems in cryptographic protocols that would otherwise be impossible or rely on trusted third parties. In the context of state machines and distributed systems, they can be used to design exceptionally provable fault-tolerant architectures. All of that gets dragged in the mud with the giant financial sideshow running rampant through the industry. It's become enough at this point to overshadow the (very legitimate) academic research and engineering work put into blockchains for the last several years.