The head of the international department of the China Banking and Insurance Regulatory Commission has said that
“Blockchain is a useful innovation but that doesn’t mean cryptocurrencies, which blockchain has given rise to, are necessarily useful.”
This is a very important question to point out. Private sector is approaching blockchain, but maybe it isn't interested in creating decentralized coins/token. So, while considering the future of crypto sector, remember that a lot of blockchain applications won't increase market cap of all coins; and, even, many blockchain without coin will challenge tokens and coins actually negotiated on exchange. So stay turned and carefully monitor adoption!
Source https://cointelegraph.com/news/chinese-regulator-warns-against-mythologizing-blockchain
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