Quote:
Originally Posted by BWillie
99% are shitcoins. They all have some gimmick about how they are useful. Even smart contracts and NFT's are a gimmick to some degree. Cryptocurrency didn't become huge due to some specific utility of any coin, although it helps, people like it for....other reasons. The store of value in a deflationary currency is one major goal. There is a reason why offshore gambling sites use cryptocurrency instead of setting up payment processors, it's cheaper for one among many other reasons. Lots of other industries also that don't want to be near a fiat currency.
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Well said. This is why I am only in bitcoin and ethereum.