What's the use of crypto currencies besides speculation or buying drugs?
What's the use of crypto currencies besides speculation or buying drugs?
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Nothing currently.
funding terrorism , mad drugkz , paying hackers , donations , WikiLeaks . all of life's essentials..
giving me gains. Could care less about whatever it stands for.
I just want to understand the fundamentals of why Bitcoin's price is increasing so rapidly, trying to figure out if it's just one of those things where you buy something just because it has increased in value so you can sell it to the next person.
Real Estate investment and development! 5 star hotels and real estate offered by funds, get a return on the coin value AND the underlying real estate project that you invest in.
Sink your crypto into some solid assets like real estates and enjoy the gains, boyos
www.relex.io
Because Fiat currencies are in their death bed
Basically nothing.
>There are over 1000 cryptocurrencies and crypto assets.
>There is over $127 billion dollars poured into them.
>Most of their developer teams haven't created a single working product.
>deadcoins.com
Depends on the country, I can buy anything with it in mine (in Europe).
As investment platform for new tech start ups.
As a backup currency for countries dealing with hyperinflation.
As a statement against the rapidly growing centralization of the world.
Ps. Don't underestimate the drugs/black market, it is fucking huge.
Oh and I should mention money laundering, of course.
>the fundamentals of why Bitcoin's price is increasing so rapidly
Pumping
Then you have morons like this holding the bags.
There isn't a use. Digital cryptocurrencies were invented by rich white men to circumvent taxes, not pay what they owe, and therefore oppress women and people of color by robbing them of their rightfully owned entitlements
Eventually Un-Jewing the planet.
With RLX their product is ready to go. They apparently didn't even ICO because they don't need the money. All you have to do is email them signal interest of the project and you're in the platform like that.
Personal banking
Investing
You can get a crypto debit card and buy groceries with bitcoin if you want.
Anything you use fiat money on is what bitcoin is used for.
Thanks for the answers guys, I am writing a little report for my company about crypto currencies and their markets and I have another question:
How manipulated do you think the crypto currency markets are?
80% exchanges, developers, big mining organizations, rich manipulators
10% speculators and HODLers
10% actual black market usage
Cool
Compare to why fiat decreases so rapidly.
The only reason it's going up so much is the entire money system is a dirty scam and despite its tarnished name, bitcoin is in many ways far more honest.
Perfect. Hold these bags for me, will ya?
A storage of value. Like a crisp $100 bank bill
Europe is a great country. Shame about the queeropeans though
savings OP.
It's all about being your own bank. How do you not understand this faggot?
tax evasion