A refreshingly honest assessment of the state of the DLT/Blockchain world. Consensys has no path to profitability and barely has revenues.

“ Is that Cardano, Dfinity, Harmony, Nervos or another? It’s probably not Tron, Stellar, NEO, Tezos, Waves, etc…”

Yes. And worse (maybe excepting NEO because of its support by GofPRC). The only one that seems to have figured a way to make any money is Ripple and it has a fairly modest business in the grand scheme of things. And it is centralized.

So many projects and so much money and resources and virtually no successful use cases. Theoretical virtue coupled with extra complexity and dependency (in decentralized cases) on a large “volunteer” community to provide resources is apparently not a winning thing. Except in the minds of committed idealogues.

Until the word “blockchain” alone as a magic word for goodness, coolness, reason to live goes away, it’s hard to see how things will progress. DLT as a technology has a future, but until a mass die-off of all but a handful of platforms and arrival of use cases start to drive it rather than the ideology, it’s a giant short.