Perhaps we don’t change our minds because we haven’t seen a convincing counter-argument to the thesis that blockchains are fundamentally about getting rich quick through buying in early (or pre-mining) and then finding greater fools.
The most successful actual applications thus far, as far as I can tell, have been silk road and paying ransoms.
I know people that send money home and they don’t use cryptocoins. These remittances communities are savvy and price sensitive, if there was a superior product it would be spreading like wildfire.
Polymarket is centralized, but one benefit of it is that you can sign up and fund your account anonymously (though you do require an email). Users are not restricted by state or national laws.
On a true decentralized gambling app, email would not be needed, just wallet. It would also be difficult to regulate (the team behind it could be anonymous).
And I'm not saying this is great or anything, but it shows how you can build something with a blockchain that you could not otherwise.
The most successful actual applications thus far, as far as I can tell, have been silk road and paying ransoms.
I know people that send money home and they don’t use cryptocoins. These remittances communities are savvy and price sensitive, if there was a superior product it would be spreading like wildfire.