Which crypto projects are providing real utility to people outside the crypto space?
I can think of using bitcoin for remittances or drug purchases, but other than that I have trouble thinking of compelling examples.
I can think of using bitcoin for remittances or drug purchases, but other than that I have trouble thinking of compelling examples.
Some companies have announced cryptocurrency-related initiatives, but the only benefit to them is that lottery-like speculator behavior might pump up their stock. (See companies like Long Blockchain, formerly known as Long Island Iced Tea.)
Also, there's utility in a trustless, predictable, uncorruptible source of scarcity. Meanwhile, the supply of gold is difficult to audit, we have no idea to what extent nation states are manipulating its supply.
The value of a deflationary monetary policy cannot be understated.
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