But it made a chosen few people richer, what more could you possibly want?

Obv way too early to make any conclusions.

Reminds me of people saying Bitcoin failed as an inflation hedge over the past 1-2 years while ignoring the success of the hedge over a 10 year period.

Not true. I read the report and it is going well - extremely well for a period this short.

Unless your definition of "well" is that everyone would just up and stop using fiat overnight.

Went? It's a 6 month old project. It hasn't even started.

Does ycomb actually think these nations would be better off with colonial currencies that have maintained poverty and exploitation for centuries? Probably yes.