1/ So, having thought this over and after considerable digging, I’ve pretty well convinced myself that blockchain is bullshit.

2/ There are loads of Proofs-of-Concept and venture investments and consortia and standards, but few if any production applications.

3/ The latency induced by distributed-trust by proof-of-whatever is one of the problems

4/ But basically, for all the effects produced by blockchain, it seems that there are conventional techniques that serve reasonably well.

5/5 Put another way: It seems that there are few-to-no business problems that share the essential characteristics of BitCoin.

So your argument is you consider blockchain bullshit for everything other than currency?

Jury’s still out on currency :)