1/ So total cryptocoin market cap just hit $0.5T today. But have we *earned* it?
2/ How many unbanked people have we banked?
3/ How much censorship-resistant commerce for the common people have we enabled?
4/ How many dapps have we created that have substantial usage? Low added value *per user* for using a blockchain is fine, but then you have to make up for it in volume.
5/ How much value is stored in smart contracts that actually do anything interesting?
6/ How many Venezuelans have actually been protected by us from hyperinflation?
7/ How much actual usage of micropayment channels is there actually in reality?
8/ The answer to all of these questions is definitely not zero, and in some cases it’s quite significant. But not enough to say it’s $0.5T levels of significant. Not enough.