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Comment by casralad

It's not usable as a currency except in the most dire circumstances and no one is working to fix this. Transactional currency has been abandoned as a goal by every major crypto project, and it doesn't make a sensible replacement for currencies in functioning economies. If the only use case is as a currency alternative for people in a failed state, it's not a compelling technology, and it's not even doing that right now.

Dotcom companies were offering services that hundreds of millions of people could use around the world. There was a bubble and many tech valuations were stupid, but people used Webvan to solve a problem. No one is using crypto for anything other than speculation on the price of crypto.

parent casralad 4 years ago

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