Post
Topic
Board Altcoin Discussion
Re: Do you really use alts for the purpose they're supposedly created for?
by
genievic23
on 24/10/2020, 12:15:33 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?

I thought of this too, did crypto people really use alts for it's own purpose. I bet the majority would be no. I bought major coins in exchanges just to profit from it, and while typing I thought of this monetizing site I use like LBRY, where I can send LBC coins to people who make good video contents, same with other apps that offers monetizing social media and rewarding people w/ their coins.