Excellent arguments. Have an upvote and a new follower. I agree with your arguments but that is a programmers tree, as oppose to an investor or analyst's tree.

Before investing think 1. Does it have demand? 2. Will that demand lead to profitability? 3. What is the price, supply, marketing team, competition etc. Like?

Too many people analyze blockchains like they would grade a scientific paper. As an investor I don't care about anything except making money.