The problems of trust that blockchain aims to solve are currently solved by the banks, the state and legal systems. Our society is built on this enormous system

The problems of trust that blockchain aims to solve are currently solved by the banks, the state and legal systems. Our society is built on this enormous system of trust that is backed by hard power (threat to hardship, violence and coercion) and if these systems collapse, then blockchains will suddenly be extremely valuable. Blockchains in theory are much more efficient and than governments, so this is what people are betting on, without putting it in so many words. If you think of it, governance is one the biggest monopolies out there and some competition might not be a bad idea for people with large amount of assets.