Stripe to Acquire Crypto Wallet Provider Privy

bloomberg.com

"cRYptO Has nO usE cASe"

- Stripe using stablecoins and acquiring crypto companies [0] to add stablecoins into their products.

- PayPal using stablecoins and more rails as well. [1]

- Circle (CRCL) (the one that issues it's USDC stablecoin) IPOs and lists on the NYSE [2]

Another crypto company that made it to IPO and not only its IPO was oversubscribed but it immediately 2x'ed from its IPO price in less than 3 days.

[0] https://stripe.com/gb/newsroom/news/stripe-completes-bridge-...

[1] https://uk.investing.com/news/company-news/paypal-plans-to-e...

[2] https://www.investopedia.com/circle-internet-group-stock-rem...

So what's crypto's use case, other than making companies' shares go up as they continue to invest in them?

I currently have only one use for crypto, and that's paying for a service in another country that I don't have a credit card in, and I'm dreading having to set it all up.

Reply on news.ycombinator.com