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So to sum it up, the value of BTC is due to the following uses: * medium for speculation * payment network for drug trafficking * international money launder

• candiodari 9y ago
  Just a few * An alternative for the increasing number of situations where governments have made transacting in the local currency impossible or impractical, usually for political reasons (ironically, bitcoin is losing this function because of transaction fees) Examples: Greece, Cyprus, Ukraine, Venezuela, Russia and others. If there is no viable alternative, can you at least understand why bitcoin (or more likely ethereum actually) is superior to a lot of other things ? * A way to move money internationally (buy on exchange, send bitcoin, sell on different exchange) * An asset that can be moved internationally freely * A currency that supports economies that wouldn't be able to exist without a bitcoin currency (which of course includes the drug trafficking thing) Let's assume bitcoin remains at ~13k USD for 6 months and the exchanges keep going. Don't you think that being paid in bitcoin would be a lot more practical in a number of cases, the most obvious one to me would be cross-border freelancing.