[rprasad]

The web was officially launched in 1990. The web's killer app was information exchange, and it was used for that purpose even before the web existed; see for example Compuserve, AOL, Usenet, the academic webs between universities that predated the "Internet."

Amazon launched in 1994. Ebay 1995. Netflix 1997. Google 1998.

In contrast, 10+ years on, and cryptocurrency still hasn't demonstrated a compelling use case beyond money laundering and collecting ransom payments. If anything, the one thing crytocurrency has demonstrated is how flexible and resilient our existing old school financial system is.