2 ms·

So it is purely a tool for speculative trading? There is no connection to the "currency" part of "cryptocurrency"?

• iskander 5y ago
  It's a tool for...atomically loaning and repaying large amounts of money. You can use that however you want, most typically for arbitrage to bring markets into equilibrium while earning a profit. The arbitrage isn't fundamentally different from what happens in traditional markets and flash-loan-like primitives are being developed outside of crypto. (I don't know what the second question means or what your mental model of a "real" currency is)