Crypto has been around for over a decade at this point. The secure digital currency has many perks, but it seems that it is still not being utilized to its fullest potential.
Some purchase crypto for long term investment, while others have become daily traders. Both of these methods are uses for the digital currency, but they are not the sole purpose.
Many cryptocurrencies have been developed to solve a problem. For instance, Bitcoin solved the double-spending problem, while Ethereum was created to assists developers build blockchain applications.
Both of these examples would be considered the prime use case of the currency, but it seems that many are only interested in the gain rather than the use.
It is difficult to predict if the true value of blockchain technology will be relevant in the future and expand beyond trading.
What are your thoughts, and how do you use crypto?
My thoughts? We don't have a choice. Whatever services that allows cryptocurrency as an alternative payment is/are all what we to today. There's nothing we can do unless someone takes an initiative in building a sole proprietorship business that would sell any kinds of goods and would allow a specific crypto coin as a payment method. That could be a step for it to reach its sole purpose that you're trying to find, OP.
I use crypto mainly for profits through investment, and buying Steam credits whenever I have new games in mind. I can say that I am utilizing it as from its purpose, but at the same time I can benefit/earn from it.
Good point. This is currently something we are investing our time in, supporting businesses and entrepreneurs through a consensus-driven blockchain environment (or smart market).
As the public interest in blockchain/crypto increases, there will be a large number of entities that will look to develop around the space. Offering a secure user-friendly platform for businesses to provide goods and services will enable them to do business on their own terms. Thus, creating an environment for businesses to flourish!