That was my point yes, sorry if I was being unclear. Thank you for your articles by the way, they're always insightful. It's nice to see somebody actually using those cryptocurrencies instead of merely speculating about them.

IOTA has no utility today. Neither does any crypto. Neither does the Boring Company. Yet they all have value.

It's foolish to think IOTA is worth nothing even though it is not production ready, because when it is, it will be worth much more than it is today.