I'm also a blockchain skeptic when it comes to building the best technological solution.
However, I've worked for a successful startup in the blockchain space. Blockchain was instrumental in generating interest and securing funding for the first rounds of financing. If blockchain had not been part of the company elevator pitch, it worked never have gotten off the ground.
If adding shiny object Y to solution X is what causes your product to succeed at having the largest market share of X, then Y has value. Many companies have succeeded by having the most customers, not the best technology.
However, I've worked for a successful startup in the blockchain space. Blockchain was instrumental in generating interest and securing funding for the first rounds of financing. If blockchain had not been part of the company elevator pitch, it worked never have gotten off the ground.
If adding shiny object Y to solution X is what causes your product to succeed at having the largest market share of X, then Y has value. Many companies have succeeded by having the most customers, not the best technology.