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What is the utility behind it? I don't see people using to actually do any transactions because of the volatility and fluctuating transaction fees. Scams can ha
by aprilthird2021 1y ago
What is the utility behind it? I don't see people using to actually do any transactions because of the volatility and fluctuating transaction fees. Scams can have momentum behind them
- aaronax 1y agoTrue fiscal self-sovereignty. Albeit quite volatile.
- aprilthird2021 1y agoYou can't have this if you are a citizen of any country
- fullstop 1y agoAgain, I'm going to mention that I'm looking at this from the sidelines. I would argue that people make more purchases with Bitcoin than they do with gold.
- ceejayoz 1y agoGold is similarly worthless as a currency. Which is why we don't use it as one any more. It has plenty of utility, though. Open up any electronic device.
- yreg 1y agoThere are people who use crypto for transactions. Stablecoins are stable and for some people the fees are far lower than any alternatives.
- aprilthird2021 1y agoI'm not much aware of this type of use case, but is that really the future of crypto? Stablecoins for countries hit by sanctions, etc.?