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If that is the only killer app crypto can produce then it's not useful to most people and will stay a niche technology forever.

• orblivion 5y ago
  It's not useful to people almost all the time but it's vital and one-of-a-kind for that certain scenario. Though I could similarly throw in dissidents earning money and financing. I could just repeat what's in the article. In the mean time, sure, it would be smart to find other use cases.
  • bhaak 5y ago
    I'm not sure if it really is one of a kind. Having a bit of money on PayPal would cover almost all scenarios equally well and even have less friction actually using your money. The combination of PayPal and Gold doesn't seem to justify to me the valuation of a market cap of 800 billion dollars or in other words, a daily budget of 40 million dollars for securing the blockchain.
    • aaaaaaaaata 5y ago
      > Having a bit of money on PayPal would cover almost all scenarios equally well Unless you're...Ed Snowden? Or Paypal takes a dislike to you for their own reasons? etc
      • orblivion 5y ago
        To be fair, political persecution is another application. And maybe I should have started with that.