[stevengraham]

There are multiple use cases besides the obvious/primary ones of being an alternative means of permissionless value transfer and enabling novel distributed trading instruments (DEFI).

Example: Figure (providing home equity loans) used provenance chain for backend functions such as origination, securitization, and lifecycle management. Many of the "business" use cases are in these opaque areas such as settlements.

When you see knee-jerk comments “tHeRe’s nO uSe CaSe” it’s understandable that most people don’t know what they don’t know about the backend of finance. Yes, there’s a lot of bullshit in the space, and there’s also a lot of valid infrastructure being built. It’s not going away.