People keep making this parallel to “well they said this about the internet.” People also said that about pets.com, about bloodletting, about horoscopes and communism and hydroxyclorquine and Lizardpeople.

It doesn’t replace mail, it isn’t used mainstream for anything but illegal activity and casino speculation, and I’m not sure what productivity boost we are talking about here.

At some point you don’t get to make the internet or the “Henry Ford said they’d ask for a faster horse” comparison.

At some point you have to deliver the goods. Has coinbase made a shitload of money, sure. Has blockchain done any of the things its prophets have promised? Nope.