Post
Topic
Board Altcoin Discussion
Re: Real life utility question
by
kojektea
on 05/03/2022, 11:05:59 UTC
Is crypto now more than a speculative asset or just the same old thing based on hypes only because it seems like real life use case is far from crypto, we want it to happen for real but it's really not happening, what is stopping this from happening already.


I believe that the difficulty of cryptocurrency itself being used in everyday life is its fluctuating price.
Indeed to prove that cryptocurrencies can be used in real life is almost impossible even when having
a real project like VR/AR but I believe their tokens are useless in real life.
Even in payment projects that usually rely on their tokens for transactions on their payment platforms,
they cannot be used to buy real goods due to their volatile prices.
Here, I conclude that cryptocurrencies can be published as assets that
are invested for short or long term only, not for use in everyday life, such as buying rice or bread.