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Let me google that for you: https://www.google.com/search?q=legitimate+uses+of+cryptocurrency https://www.google.com/search?q=legitimate+uses+of+cryptocur...

by asah 5y ago

Let me google that for you: https://www.google.com/search?q=legitimate+uses+of+cryptocurrency https://www.google.com/search?q=legitimate+uses+of+cryptocur... example: https://www.entrepreneur.com/article/305859 https://www.entrepreneur.com/article/305859

not2b 5y ago
My top two hits were that one and an article about scams, your Google mileage may vary. Sorry, if you go through and read that article, it doesn't look good at all. No, cryptocurrency will not help us go green, just to single out the worst whopper. It was written in 2017 and suggests that payment using cryptocurrency for travel, online publication, etc will be widespread. Four years later, nope.
- rchaves 5y ago
  Moreover cheapair, kickstarter, etc actually price in USD, not BTC, bitcoin may be the mean of transport but it’s not the coin being used. Not a “legitimate economy that transacts in bitcoin”
hudon 5y ago
You're moving the goalposts... The question is: do you have evidence of legitimate economies transacting in Bitcoin today? The question isn't about potential use cases, it's about data supporting the story that Bitcoin is actually used today to support the exchange of legitimate goods and services. Again, not links to white papers, ".io" startups, articles filled with "it is revolutionary" and such buzzwords, etc. The hype wagon is getting heavy. Where are the results? Where are the "Use of Bitcoin has been skyrocketing in X market" headlines, where X is not "ransomware"?
- colesantiago 5y ago
  > The question is: do you have evidence of legitimate economies transacting in Bitcoin today? So Coinbase Commerce [0] enabling thousands of Shopify [1] stores to accept Bitcoin and the like isn't a legitimate use-case? [0] https://commerce.coinbase.com/ https://commerce.coinbase.com/ [1] https://help.shopify.com/en/manual/payments/alternative-payments/cryptocurrency https://help.shopify.com/en/manual/payments/alternative-paym...

by asah 5y ago

not2b 5y ago

My top two hits were that one and an article about scams, your Google mileage may vary. Sorry, if you go through and read that article, it doesn't look good at all. No, cryptocurrency will not help us go green, just to single out the worst whopper. It was written in 2017 and suggests that payment using cryptocurrency for travel, online publication, etc will be widespread. Four years later, nope.

rchaves 5y ago
Moreover cheapair, kickstarter, etc actually price in USD, not BTC, bitcoin may be the mean of transport but it’s not the coin being used. Not a “legitimate economy that transacts in bitcoin”

hudon 5y ago

You're moving the goalposts... The question is: do you have evidence of legitimate economies transacting in Bitcoin today? The question isn't about potential use cases, it's about data supporting the story that Bitcoin is actually used today to support the exchange of legitimate goods and services. Again, not links to white papers, ".io" startups, articles filled with "it is revolutionary" and such buzzwords, etc. The hype wagon is getting heavy. Where are the results? Where are the "Use of Bitcoin has been skyrocketing in X market" headlines, where X is not "ransomware"?

colesantiago 5y ago
> The question is: do you have evidence of legitimate economies transacting in Bitcoin today? So Coinbase Commerce [0] enabling thousands of Shopify [1] stores to accept Bitcoin and the like isn't a legitimate use-case? [0] https://commerce.coinbase.com/ https://commerce.coinbase.com/ [1] https://help.shopify.com/en/manual/payments/alternative-payments/cryptocurrency https://help.shopify.com/en/manual/payments/alternative-paym...