OK, you have a point, I agree that comparing blockchains to internet is not very useful. And I'm not actually anti-crypto, simply because I don't know enough about it or its potential. What do you think, where is this technology going? Clearly a lot of smart people are trying to build something. What are they building?
> What do you think, where is this technology going?
I think the technology is "early" but that is also a risk. If the problems can't be worked out before the space develops a reputation for fraud and malarky, then few people are going to be excited to transact in that space. I think there's potential if crypto can figure out how to switch from PoW to a less hungry algorithm (like PoS) and if crypto can make development easier (deploying and testing smart contracts on Eth is a gigantic PITA which is why there's so many security vulnerabilities in smart contracts), if crypto can address Moxie's criticisms, and if chain fees can go back down to ~ 2016 BTC levels. There's chains like Algorand that show potential but I'm not sure if it's too little too late. Maybe with the amount of investment capital lying around, they can weather the storm, but plenty of otherwise perfectly good technologies have tanked due to too slow execution.
