Post
Topic
Board Altcoin Discussion
Re: Do you really use alts for the purpose they're supposedly created for?
by
jrrsparkles
on 24/10/2020, 07:24:58 UTC
So many altcoins exist, out of which some are more known and used than others. Many of these coins claim to have an utility - for example, Siacoin exists, praising themselves as a Storage Platform.

But what truly bothers me is that, if I think about all those alts I have ever purchased and held, I have never used them for what they are supposedly created for. Besides Monero, where privacy is basically the default, most coins I have ever held have only been used for exchange deposits and withdrawals.

Hence, I thought it'd be a quite interesting idea to create a poll and find an answer to the following question: Do you really use the altcoins you own for the purpose they're supposedly created for?
Honest answer is no, Maybe used them on gambling sites on few occasions but apart from that tokens and shitcoin have no real utility in the current space. So most of the users only use the tokens and alts on exchanges for trading purposes.