[leifg]

I should have said "Blockchain applications outside of cryptocurrency" but as you seem to equate the two let's talk about that.

A good metric is: "people are using it".

That is not the case for any cryptocurrency (yes and that includes El Salvador). I frequently wire money across borders and cryptocurrencies are still completely useless for it despite it being the number one use case that is shouted from the crypto rooftops.

So you're left with: "It made a ton of money for rich and a few lucky middle class people" and "some quasi dictator implemented it as an additional currency without a mandate".