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0 pointsalchemist1e92y ago0 comments

You seem to have a odd definition of “useless”.

0 comments

It's only useful for speculation, scams, and drugs. What other utility does it have?

Sending money on the internet without a trusted third-party.

I think that's revolutionary.

There is a ton of trusted third parties involved. You're trusting:

- The KYC of your exchange, and any exchange in the coins path

- The wallet you're using

- The recipient to provide the correct address

- The exchange rate

And you're trusting all of that hasn't been tampered with, which involves even more trusted parties.

It requires an order of magnitude less trust to send cash in the mail. It's cheaper, too.

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