The problem with your argument is that blockchain isn’t comparable to the internet. It’s an energy inefficient immutable public ledger. There just aren’t many, if any, applications that require an immutable public ledger, or that derive any benefit from using one.
Some blockchains allow smart contracts. Smart contracts sound like a nice idea, but when you think about potential use cases, you quickly realise they actually have no utility. Any application for a smart contract requires information from outside the blockchain which must be supplied by a trusted authority. This being the case, why bother with blockchain at all?
Some blockchains allow smart contracts. Smart contracts sound like a nice idea, but when you think about potential use cases, you quickly realise they actually have no utility. Any application for a smart contract requires information from outside the blockchain which must be supplied by a trusted authority. This being the case, why bother with blockchain at all?