Blockchain and sex

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2 pointssyrkis2 comments

Is there a reason that a consumer would prefer an application-specific currency (intimate, DentaCoin, whatever) rather than a generic currency (BTC, BCH, ETH, LTC, whatever)?

From my point of view, it seems like an unnecessary friction to be moving value between different currencies depending on what I want to buy - and the fact that I'm buying the currency at all may reveal more than I want it to.

(* I understand why it's attractive to be in on the beginning of a new digital currency, and collect the proceeds of an ICO, or hold a lot of cheap or pre-mined coins; I'm specifically interested in why it's good for a consumer, not the promoters.)

I agree with that sentiment. There's something semi-nonsensical about application specific currencies, when the application does not involve some sort of distributed computing.

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