Part 2/8:
The speaker expressed concern over the disconnect between the hype surrounding blockchain and the reality of its implementation. Although proof-of-concept projects are proliferating, they are still at least five years away from widespread adoption or scalability. This timeline raises questions: Will blockchain survive that long amid its current inflated expectations? What are the fundamental barriers preventing broader adoption? Would major breakthroughs or landmark events be necessary to propel blockchain into mainstream use?
The general consensus, echoed by many industry experts, is that the hype significantly outstrips current practical achievements. Most projects remain experimental, and the technology's full potential has yet to be realized outside a few notable exceptions.