3 ms·

> *don’t extend far beyond fraud, gambling, or purchasing illegal goods. There are many use cases outside of these. See Cross-border payments, censorship-resis

• sandworm101 4y ago
  >> See Cross-border payments, censorship-resistance Both being illegal. If something is censored by government, the tools to bypass or defeat that censorship are likely illegal, especially if used to distribute uncensored copied of that material. If governments have regulated payments across a particular border, bypassing those regulations is also very likely illegal.
• D13Fd 4y ago
  > Cross-border payments My impression is that cross-border payments are a pretty small use case, especially if you mean legal cross-border payments. I.e., “something the law allows you to do but you can’t find a financial institution to do it.” > censorship-resistance Sure, but again, fairly niche at this point in time in western countries. Most financial censorship cases I’ve heard of in the U.S. sounded pretty well deserved. > trust networks This is a niche of a niche outside. You could just say “cryptography enthusiasts” instead. > access to credit Example? As in, someone with bad credit can still borrow on crypto?