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I think money solves the problem of barter: double coincidence of wants, and the inability to calculate. Then the state captures it, and ruins money. The promise of a decentralized, peer-to-peer and uncensorable digital asset promises to solve this problem and restore money to its original role and even improve it since in most ways it is superior to gold. All this bullshit about smart contracts, the "promise of the blockchain," NFT bullshit, using a blockchain "as a registry": I think it's all bullshit. I don't think crypto is needed to solve the "problem" that a Venmo has already solved. This is silly.
I tend to agree with this take for the most part.