If blockchain (not Bitcoin necessarily) adds "cheaper" to any of its use cases then it's just as legitimate as most Silicon Valley startups. Uber is cheaper ta

If blockchain (not Bitcoin necessarily) adds "cheaper" to any of its use cases then it's just as legitimate as most Silicon Valley startups. Uber is cheaper taxis. AirBnB is cheaper hotel rooms. Are these ponzi schemes? Maybe, but they create jobs and benefit the consumer at the expense of entrenched institutional players, which I would say is a good thing. Payments is a huge one. Bitcoin didn't solve it because it's slow. There's a new generation of chains (mostly PoS, not PoW) that may solve it. Maybe it's gen 4 or 5. Eventually the technology will catch up. What about PayPal that's trustless? Millions (billions?) of people rely on PayPal to take payments and there are plenty of stories where those people have lost their money without recourse. An on-chain PayPal would be game changing and a lot more fair than the alternatives. What about voting that can't be tampered with? Yeah, that's not game changing. /s Blockchain is a promising but immature technology. Like all technologies when they start. The tech world, despite all of its benefits, is doing a fantastic (in a bad way) job of consolidating power towards the top. Time and time again we see that there are really no benevolent dictators (remember when everyone trusted Google and Facebook?). Blockchain has the potential to balance that out. What I really like about blockchain is it's going to progress regardless of what you think about. It simply does not care that you don't think it's a good idea. It doesn't care if it threatens banks or governments. It progresses by everyone acting in their own self interest. But the end result has the potential to deconsolidate power. When has that ever been the case in human history? Most of the people I encounter who don't like crypto are the ones who are angry that they didn't buy BTC back in the day. Well, guess what? You didn't miss anything. Things are just getting started. Do your research and find something you think may be promising (or enable promising tech) and invest in it.