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There are two main use cases for blockchain assets at the moment: - Gambling (or politely called, speculation or even 'investment') - Ransomware payments, but
by eru 1y ago
There are two main use cases for blockchain assets at the moment:
- Gambling (or politely called, speculation or even 'investment')
- Ransomware payments, but that's a distant second
I guess you say that influencers make money off the first? There's a third group making money off blockchain: the people making markets and running the infrastructure.
- Eisenstein 1y agoYou forgot money laundering and paying for illegal things.
- eru 1y agoNo, I left them out deliberately. At some point in the past, you could perhaps buy illicit drugs with bitcoin, but that has largely died out, as far as I can tell. You can't even buy a pizza anymore.
- Jommi 1y agoand sending money cross borders to your family and paying suppliers outside of your country and having a multi-currency account without insane fees and automating finance and upgrading financial systems to modern tech
- eru 1y agoI found interacting with the blockchain world to be much higher in fees than when going via the real finance route.