I’ve used crypto for legitimate transactions in the past. It bailed me out once, big time, when I had to top up a foreign SIM card while abroad and their website wouldn’t take my US credit card. I found a site selling top-up codes that took crypto and sent some from my phone, and I was back in business. (The site was legit, but even if it turned out to be a scam I knew they could never take anything more than what I sent them because of the way crypto worked.) But this was back when people were still using it to transact.
The worst thing that ever happened to law-abiding people using crypto was when it’s price zoomed up. Because for all those early adopters, every individual transaction now has a considerble capital gain attached. That’s why people don’t spend crypto anymore, because it’s been turned by the market into a Store of Value. (And by developers, but that’s a different thread).
no one’s opinion and experiences count until they buy at least 10 pallet of toilet paper every week! wait, even that is not major in even your country’s economy so bad luck…
I’ve used crypto for legitimate transactions in the past. It bailed me out once, big time, when I had to top up a foreign SIM card while abroad and their website wouldn’t take my US credit card. I found a site selling top-up codes that took crypto and sent some from my phone, and I was back in business. (The site was legit, but even if it turned out to be a scam I knew they could never take anything more than what I sent them because of the way crypto worked.) But this was back when people were still using it to transact.
The worst thing that ever happened to law-abiding people using crypto was when it’s price zoomed up. Because for all those early adopters, every individual transaction now has a considerble capital gain attached. That’s why people don’t spend crypto anymore, because it’s been turned by the market into a Store of Value. (And by developers, but that’s a different thread).
This is not a serious example in terms of scale and market share.
My point stands.
Well, nothing anyone says is going to convince you, because you’re obviously correct. How silly of me to question you!
Totally, your top up example is so relevant! It’s a major part of economic activity!
The true killer use case for crypto!
You are what we like to call “confidently incorrect”.
Well, when we’re trying to be nice, anyway.
Keep telling yourself that!
no one’s opinion and experiences count until they buy at least 10 pallet of toilet paper every week! wait, even that is not major in even your country’s economy so bad luck…