No Stupid Questions@lemmy.world · 23 hours ago

Is cryptocurrency good for anything?

No Stupid Questions@lemmy.world · 23 hours ago

Can I buy a pizza with it or pay my bills with it? Can my employer pay me in it? Or is it just an “emperor’s new clothes” thing? I just don’t see the tangible value in it. Rhetorical questions, BTW, I know you can’t buy a pizza with it, at least outside of some edge cases that I’m not aware of.

I thought what made money money was everyone agreed it was valuable and was willing to exchange it for goods and services directly. I don’t see that with crypto.

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greyscale@lemmy.grey.ooo
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23 hours ago
It was (briefly) useful for buying and selling illicit substances.
- prole@lemmy.blahaj.zone
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  9 hours ago
  
  briefly
  
  Yeah, that went away and has never happened again since.
- TabbsTheBat (they/them)@pawb.social
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  22 hours ago
  If you were famous it was also good for scamming your audience :3
- Tomtits@lemmy.dbzer0.com
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  22 hours ago
  It still is

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