Unfortunately, absent the crypto exchanges, which let you easily convert crypto to fiat, there is no reason why crypto has any value. Given that bitcoin transaction times are nowhere near VISA or cash times, bitcoin is fairly useless to purchase things in person and few online vendors take bitcoin alone (most use an exchange to convert bitcoin to cash instantly).
So without exchanges, there is literally no purpose or use of bitcoin. Currently it mainly serves as a way to record a store of fiat value.
There is no conspiracy here. The reason exchanges came into being and were successful was that there was no other purpose to bitcoin. Few users successfully use bitcoin as it was intended.
So without exchanges, there is literally no purpose or use of bitcoin. Currently it mainly serves as a way to record a store of fiat value.
There is no conspiracy here. The reason exchanges came into being and were successful was that there was no other purpose to bitcoin. Few users successfully use bitcoin as it was intended.