But then without proper digital money protocols, how are we supposed to build the next wave of web applications?
Ethereum can be used to do useful things. E.g. we're rating data sets by quality through staking [1]. NFTs seem to make sense for artists (see what Mike Shinoda from Linkin Park said) [2]. Those products are simply not possible without projects like Ethereum.
2: https://mobile.twitter.com/mikeshinoda/status/13580909764142...