It's not purely hypothetical. The foundation is there. It's been running for 9+ years. People have shown a willingness to assign real value to digital assets

It's not purely hypothetical. The foundation is there. It's been running for 9+ years. People have shown a willingness to assign real value to digital assets. What you're complaining about is the technology as it exists today. The technology can improved. The money being invested into the space is an incentive and a validation for people who wish to work on improving the technology. Money attracts talent. There's also some very genuine reasons why blockchain technology can serve the greater good.