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In many cases it is true, but the one legitimate use case is helping out in countries where monetary freedom is restricted. When the state forbids you to sell a
by phreack 6y ago
In many cases it is true, but the one legitimate use case is helping out in countries where monetary freedom is restricted. When the state forbids you to sell a currency that's permanently losing value due to unchecked inflation, being able to work for any appreciating coin or even a stablecoin is benefitial to society.
- ardy42 6y ago> In many cases it is true, but the one legitimate use case is helping out in countries where monetary freedom is restricted. Don't forget the other major use case: online retail for illegal goods and services. Cash is impractical, and using the conventional payment systems is a good way for criminals to get caught.