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0 pointsvkou2y ago0 comments

Or, perhaps, it's proof that the purpose of crypto in 2023[1] is not utility, it's line-goes-up.

[1] And 2022, 2021, 2020, 2019, 2018, ...

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3 comments · 1 top-level

Utility? It already works. I've gotten paid for services via monero.

I'd be very happy if Monero somehow turned into the stable coin of crypto. It could just hover around $150-$200 forever.

vkouOP2y ago

You can feed your dog dinner off a golden plate, but that doesn't mean the price of gold is driven by its utility.

matheusmoreira2y ago

The purpose of a thing is not the driver of its price. It's unfortunate that crypto's turned into speculative stocks but to say it has no purpose or utility is just wrong. It actually works.

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