"This is all very simple in practice, the blockchain is barely useful, crypto coins and NFTs have very low utility"
Yes. FOR NOW. But public decentralised blockchains have interesting properties (enabling ownership , Liquidity , composability) and lots of smart people are trying to use those properties to build interesting apps.
These apps are not there yet. I am optimistic that some good apps will be launched in next few years that make use of those unique properties enabled by decentralised public blockchains.
Yes. FOR NOW. But public decentralised blockchains have interesting properties (enabling ownership , Liquidity , composability) and lots of smart people are trying to use those properties to build interesting apps.
These apps are not there yet. I am optimistic that some good apps will be launched in next few years that make use of those unique properties enabled by decentralised public blockchains.