Honestly I'm also quite skeptical, I share your view.
Though I believe the deciding factors aren't very technical. For public projects it all depends on what people want (in reaction to government control, surveillance, financial and capital controls)
And for private blockchains in my experience (in finance anyway) it all depends on the regulators and what they will allow. They are also reacting to whatever is happening in the world.
Though I believe the deciding factors aren't very technical. For public projects it all depends on what people want (in reaction to government control, surveillance, financial and capital controls)
And for private blockchains in my experience (in finance anyway) it all depends on the regulators and what they will allow. They are also reacting to whatever is happening in the world.
Currently it all looks pretty bleak indeed.