Blockchain technology is going to change everything: the shipping industry, the financial system, government … in fact, what won’t it change? But enthusiasm for it mainly stems from a lack of knowledge and understanding. The blockchain is a solution in search of a problem.
I agree with your interpretation, but from my perspective GNU/Taler is all i expect from a cryptocurrency: enable me to make low-cost/high-privacy digital payments. A promise which BTC/ETH/others are 100% incapable to hold (at least so far, and in the foreseeable future).
none of those are intended for private transactions.Monero is a coin that exists for the purpose you want