"The blockchain" is nonsense without a native currency.
I was referring to the validity of coins as a store of value, not a chain without native currency.
Hmm. Isn't that the opposite of what Buffet was saying? I'm not sure since I don't know the context but "the blockchain not the currency" is something that is claimed a lot by various commentators.
The bigger question behind all this in my mind is whether crypto actually solves any useful problem that anyone cares about. Outside of gold bugs and some anti-Fed zealots no one really cares about "fixed supply" and all that stuff.
Of course, decentralized exchanges. Also, for example, the ability for software or game devs to do things like self publish their own software on a platform like Bitshares 2.0
I don't see it. Using regular dollars seems fine for that. It certainly hasn't hampered Steam or thousands of games published on Steam, Xbox, mobile.
Where is the compelling value here?
And what good are decentralized exchanges if the things you are exchanging have no real use? It seems like a dog chasing its tail to me.