It provides value to people who want to compute things on a public network that no single party controls. We can argue about whether or not that's a worthwhile

It provides value to people who want to compute things on a public network that no single party controls. We can argue about whether or not that's a worthwhile thing for people to value until the cows come home, but I think it's beyond the scope of this conversation. But point taken. I'll avoid using fancy technical lingo like "BFT" or "cryptographic" on hacker news any more.