No it doesn&#x27;t mean that at all.  Just because you are unable to think up a system doesn&#x27;t mean it&#x27;s impossible.  A basic and secure enough system is trivially easy.  Which paper?<p>It is no less truthful than bitcoin.  It need not be more mutable than bitcoin.  It is just different.<p>&gt;The only reason blockchains are useful now is because they enable value transmission between untrusted parties.<p>Right because of how current blockchains are implemented and used.