On your first point, agreed, and I don’t defend all blockchain projects, or even any particular one, only call to mind that these systems are prone to surprise

On your first point, agreed, and I don’t defend all blockchain projects, or even any particular one, only call to mind that these systems are prone to surprise us with their progress. If you see no problem in government’s management of currency, and you see no failure of trust in the banks and institutions that preside over it, propped up by regular bailouts, it’s no surprise then that you see no value in Bitcoin. But mind that cable-drawn construction equipment went out not because it was limited in the good times, but because it had a rare and catastrophic failure mode, of collapsing when the cable would break. Fiat is analogous - when it fails, it brings about devolution of society and desperation of its people, ala Venezuela. I’m happy Bitcoin exists, if for no other reason than to protect against that. If you doubt that a transformational aspect will make the limited Bitcoin into something that can serve as a global currency, take a look at the Lightning Network - it’s live and providing scalable, instantaneous and negligible fee transactions now. https://youtu.be/8zVzw912wPo https://youtu.be/8zVzw912wPo