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I know the tech very well, but I really don't care about how it's settled under the hood. > Cryptocurrency plays zero part in it. Except backing your payment,

I know the tech very well, but I really don't care about how it's settled under the hood. > Cryptocurrency plays zero part in it. Except backing your payment, it really doesn't. > It's a convenience And convenience is value. Not inherently by crypto, but the fact it's possible is an extra benefit. Would you also object that if I spend EUR for a product online in GBP then the seller is not getting EUR?

Mo3 4y ago
> Except backing your payment, it really doesn't. I think this is the point I was trying to make as well. Obviously this service has value, but not because of cryptocurrency, which was the matter of discussion
- tiborsaas 4y ago
  So where does the value come from? The service has an additional value to convert my crypto to fiat quickly, but as transaction fees goes it's marginal.
  - Mo3 4y ago
    The service has the fundamental value, not cryptocurrency. That's just collateral
    - tiborsaas 4y ago
      The service definitely is an enabler, but to which degree it's up the crypto asset.