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tiborsaas

I know the tech very well, but I really don't care about how it's settled under the hood.

> Cryptocurrency plays zero part in it.

Except backing your payment, it really doesn't.

> It's a convenience

And convenience is value. Not inherently by crypto, but the fact it's possible is an extra benefit.

Would you also object that if I spend EUR for a product online in GBP then the seller is not getting EUR?

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> Except backing your payment, it really doesn't.

I think this is the point I was trying to make as well. Obviously this service has value, but not because of cryptocurrency, which was the matter of discussion

So where does the value come from? The service has an additional value to convert my crypto to fiat quickly, but as transaction fees goes it's marginal.

The service has the fundamental value, not cryptocurrency. That's just collateral

The service definitely is an enabler, but to which degree it's up the crypto asset.

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