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Comment by Eisenstein

The whole point of currency is to use it. If you are buying a currency to hold on to it, then it is a terrible currency and there is a disincentive to use it as one, thus making it useful only for speculation. I know that there was a pivot when people realized Bitcoin and Ether are not practical for their purported use as currencies, where they are now claimed to 'hold value', but that is ridiculous. They were designed to be currencies and they suck at it. You can make up any reason you want, but if you want a cryptocurrency that has value as a currency then in my view Monero is an example of one, because it has a valued use case.
parent Eisenstein 4 years ago

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