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None of this should have much of anything to do with investments. I don't "invest" in crypto in the same way that I don't "invest" in the Euro, or even in the
by stale2002 9y ago
None of this should have much of anything to do with investments. I don't "invest" in crypto in the same way that I don't "invest" in the Euro, or even in the US dollar.
I put the vast majority of my money in the stock market. And I have some money in other currencies, centralized services like venmo/paypal/ect, and yes, a bit in crypto. Currencies which I then use to spend on things.
The point of a currency, yes even cryptocurrencies, is to SPEND it, not hold it.
- librejustia 9y agocompletely agree re your argument that the point of cryptocurrencies is to SPEND it. all the hodling isn't making cryptocurrency adoption easy. but also def a lot of work needed for solving scalability issues and making cryptocurrency spending more end-user friendly.