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Please show me a real world use case that's better than the status quo and is not speculation or gambling. It's been over 12 years and I'm still looking. Crypt

by sub7 5y ago

Please show me a real world use case that's better than the status quo and is not speculation or gambling. It's been over 12 years and I'm still looking. Cryptoclowns can't use the it's too early excuse anymore. But they choose to listen to a handful of man children running around promising world peace via a distributed database.

annoyingnoob 5y ago
There are several options to 'stake' (deposit) coins/tokens and earn interest. You can earn more interest in crypto than you can at a bank. Assuming you trust the underlying tech long enough for your investment horizon.
Acrobatic_Road 5y ago
Easy: bypassing financial censorship. Hint: try buying a 4chan pass without cryptocurrency.
- da39a3ee 5y ago
  Is that a joke? Your one example of real world value of crypto is that you can buy something on 4chan?
  - Acrobatic_Road 5y ago
    I could give you more examples if I needed to, but considering the argument always made here is that cryptocurrencies have precisely zero use cases, one example should suffice. If you want a better response, don't leave yourself open with sweeping generalizations.
liquidise 5y ago
Money transfers across borders. I have friends who live internationally and crypto has become our defacto way to transfer money. But frankly, your presentation of the question leaves me doubtful you are looking for a meaningful answer here. The reality, as others have pointed out, is that there are lots of platforms in the space offering plenty of compelling services. You personally may not desire those services, but that doesn't change their viability.
- sub7 5y ago
  If I was presenting the question more completely, I would have included financial fraud alongside speculation/gambling, which is exactly what you're doing by sending $ across borders without AML/Forex regulatory checks on the txn.
clippablematt 5y ago
Some fun things off the top of my head. KlimaDAO => https://twitter.com/Churchee_/status/1455321571078418433?s=20 https://twitter.com/Churchee_/status/1455321571078418433?s=2... Proof of humanity providing Sybil resistance and ubi => proof of humanity.id Holly+ trialling collective ownership and finding ways to pay musicians. (Spotify ceo worth $5billion yet the musicians get fractions of pennies). https://mobile.twitter.com/hollyplus_ https://mobile.twitter.com/hollyplus_ Radicle, building bridges between git and contracts => https://mobile.twitter.com/abbey_titcomb https://mobile.twitter.com/abbey_titcomb Citydao collective ownership of land https://twitter.com/CityDao/status/1455203913985138700?s=20 https://twitter.com/CityDao/status/1455203913985138700?s=20 Supporting scihub! https://twitter.com/TBSocialist/status/1454853772807745539?s=20 https://twitter.com/TBSocialist/status/1454853772807745539?s... A documentary about Stuart brand and the whole earth catalog funded &distributed via nfts => https://twitter.com/StewartBrandDoc/status/1437447628028104706?s=20 https://twitter.com/StewartBrandDoc/status/14374476280281047... “Information wants to be free. Information also wants to be expensive, that tension doesn’t go away” - s.b. HN often uses the first half of that quote and forgets the rest.

by sub7 5y ago

annoyingnoob 5y ago

There are several options to 'stake' (deposit) coins/tokens and earn interest. You can earn more interest in crypto than you can at a bank. Assuming you trust the underlying tech long enough for your investment horizon.

Acrobatic_Road 5y ago

Easy: bypassing financial censorship. Hint: try buying a 4chan pass without cryptocurrency.

da39a3ee 5y ago
Is that a joke? Your one example of real world value of crypto is that you can buy something on 4chan?
- Acrobatic_Road 5y ago
  I could give you more examples if I needed to, but considering the argument always made here is that cryptocurrencies have precisely zero use cases, one example should suffice. If you want a better response, don't leave yourself open with sweeping generalizations.

liquidise 5y ago

Money transfers across borders. I have friends who live internationally and crypto has become our defacto way to transfer money. But frankly, your presentation of the question leaves me doubtful you are looking for a meaningful answer here. The reality, as others have pointed out, is that there are lots of platforms in the space offering plenty of compelling services. You personally may not desire those services, but that doesn't change their viability.

sub7 5y ago
If I was presenting the question more completely, I would have included financial fraud alongside speculation/gambling, which is exactly what you're doing by sending $ across borders without AML/Forex regulatory checks on the txn.

clippablematt 5y ago

Some fun things off the top of my head. KlimaDAO => https://twitter.com/Churchee_/status/1455321571078418433?s=20 https://twitter.com/Churchee_/status/1455321571078418433?s=2... Proof of humanity providing Sybil resistance and ubi => proof of humanity.id Holly+ trialling collective ownership and finding ways to pay musicians. (Spotify ceo worth $5billion yet the musicians get fractions of pennies). https://mobile.twitter.com/hollyplus_ https://mobile.twitter.com/hollyplus_ Radicle, building bridges between git and contracts => https://mobile.twitter.com/abbey_titcomb https://mobile.twitter.com/abbey_titcomb Citydao collective ownership of land https://twitter.com/CityDao/status/1455203913985138700?s=20 https://twitter.com/CityDao/status/1455203913985138700?s=20 Supporting scihub! https://twitter.com/TBSocialist/status/1454853772807745539?s=20 https://twitter.com/TBSocialist/status/1454853772807745539?s... A documentary about Stuart brand and the whole earth catalog funded &distributed via nfts => https://twitter.com/StewartBrandDoc/status/1437447628028104706?s=20 https://twitter.com/StewartBrandDoc/status/14374476280281047... “Information wants to be free. Information also wants to be expensive, that tension doesn’t go away” - s.b. HN often uses the first half of that quote and forgets the rest.