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56323737 No.56323737 [Reply] [Original]

cryptocurrency has no use cases after years

>> No.56323747

>>56323737
As far as shitcoins go? Yes, correct. Just look at LINK and XRP. Absolute garbage that no one uses.

Bitcoin however, is priceless as the world's first digital commodity. It's the best form of property.

>> No.56323749

>>56323737
yeees we are sooo early

>> No.56323762

its only use case is money via bitcoin, and coping about missing out on bitcoin with 20,000 other alts

>> No.56323803
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56323803

It's the third stage of Simulacra and Simulation. The first stage was gold/silver, the profound reality of money. The second stage was paper currency, which originally could be redeemed for gold/silver but eventually became a perversion of reality. Now with Bitcoin we have a 'copy without an original,' where 1 BTC has a market paper currency value despite having no reality to it.

>> No.56323836
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56323836

>>56323737
>no use cases

1) money laundering
2) ransomware
3) crypto scams & hacks
4) enriching CEXs via gambling fees
5) enriching dev teams and VCs by dumping zero-cost unregulated securities on poorfags
6) tax evasion
7) buying and selling drugs
8) money flight

that's 8 off the top of my head.

>> No.56323874

>>56323747
This post, but an unironic intention.

>> No.56323962

>>56323737
what do you mean it has not use cases? Its a perfect get rick quick scam. What more do you need?

>> No.56323968

MLETR.

>> No.56323988

>>56323737
There's valid use cases for crypto in general, including Bitcoin:
1) More anonymity than Paypal or similar. Paypal basically just gives you the name of someone.
2) Can pay people in weird countries instantly if it's too much of a pain to go through a series of obscure international transfer companies
3) If censored by banks or banking companies, can still do business

It might be more difficult to justify use cases for "smart contract" cryptos, as I've never had an actual need for "smart contracts". If the price of coins like Eth were stable, smart contracts would be very useful for timed, uncensorable payments and such.

>> No.56324014

>>56323762
*60,000 now