Great points but short term I am not nearly as optimistic as you I am afraid. You talk ed a lot about the micro issues, but it is the macro issues that are causing all of the commotion. 1. The way most ICO launched is probably illegal. 2. There is no self-regulation within the crypto community. This will cause authorities to be heavy handed on regulation. 3. There is still way too much price manipulation going on. You will see this not being the case when crypto start moving independently of each other over time. 4. There still is no set of standards for how to conduct business in this space. It is a literal free fro all. Rules change at will and no one is accountable. Read the Fla. indictment for Bitconnect. The authorities do not even have the real names of the perpetrators and the entire crypto community is silent about the entire fiasco even as it is being repeated as I write this. These are all macro issues that will continue to cause fear and volatility over the next 2+ years.

The biggest issues is the coin/token markets. No one anticipated them. They were handled poorly led by promoters who never cared about the industry only making quick money. These guys are masters at raising money fast but then run away and ae on to the nest one. they make it bad for everyone.

Also with the prices jumping around so radically many of these companies will have the financing to conduct their businesses. They are using token sales to do that now but what happens when things stabilize or stay down for a long while? Where will they get additional capital? The traditional funders are staying on the sidelines because they want control.

Think about Steemit for example. If there were 10M active people on this platform the content management costs would be staggering. Facebook pays billions each year just for managing content (storing and delivering I mean). Steemit would be pressed all the time and if the token priced dipped, they would need outside funding and it would also cause lots of rule changes around here. Like every other business crypto need to get its house in order.

Finally I respectfully disagree about use cases. Use cases require scale. No one has tested their tech at scale that I am aware of. This stuff will break all over the place as we say happen with Bitcoin when things start really moving. The truth is the hype is way ahead of the tech right now and that is not a good sign.

I do not want to sound pessimistic, I am actually optimistic, but there are real factors that is impacting the industry and will for some time. In my humble opinion, keep your seat belt on, this is the new way of things for this industry for a while.

Thanks and sorry for the long comments.