Are cryptos actually used by anyone...

Are cryptos actually used by anyone? It feels like we're just buying imaginary things that no one actually uses but people keep saying people will

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>It feels like we're just buying imaginary things that no one actually uses but people keep saying people will
Yes

AMPL is being used by people who are addicted to rebasing

only tokens that are being used are exchange coins for fees or other benefits like bnb or cro
(staking, fee reduce, card benefits) everything else is pure casino degenerate gambling or trusting 1 person with your defi shit(because all defi contracts right now are heavily centralized)

Monero, monero, monero.

Bitcoin

Xrp....

Welcome to crypto.

Did you know only 3% of the gold supply is actually used for industrial purposes? The rest is just held for speculation + for making jewellery... If we were to value gold rationally for its uses, price would be much lower. Same goes for crypto. It's just market forces of supply/demand. Perceived value is all that matters.

no. That's why link was such a great investment. They're all going to zero except that because it's the only one with a legitimate use case. It's more like an invention than it is a cryptocurrency

That's because crypto is still very far from end consumer
Most of current project except stupid scams are either standards for BASIC cryptographic operations with valuables or B2B projects. Real money also perform a lot of things before reaching you, either a NEET or stupid wagie, most of crypto is in progress to replicate such behavior of money and assets.
You engage with a lot of such stuff in daily life but you just didn't paid attention to that. Average consoomer doesn't read EULAs, doesn't even read credit agreements, and certainly they won't read code for smart contracts. The end solution would be far more user-friendly, i have to mention, but it would be too late to invest.

XAYA's coin CHI is.

i bought a Bitcoin hat with Bitcoin in 2018
gold isnt valued for its use bc there practically is none. 3% is used for industry bc thats all industry needs. it is however, somewhat finite, and has been used as currency or value hedges for almost the entirity of human history. its use is as money

Yeah I use it to make money fuck off now

>mfw I didn't sell the top/profits

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bitcoin gets some use (but most is speculative muh digital gold store of value)
ethereum is used, probably at a worth ~10x lower than current marketcap. still ends up a way better ratio than bitcoin
everything else is a shitcoin with no real use proportionally to their "market" value

I really don't see how crypto could scale to population wide use. A large percentage of the population are financially illiterate, ie. can't explain the difference between a checking and savings account. Most older boomers can barely work a flip phone. Crypto isn't going anywhere because most of society won't understand it and has no use or desire for it.

>Is the internet used by anyone?
>Is air travel used by anyone?

The whole point is to get in early, you nitwit. If it was obviously useful, the boomers would pump it out of our price range.

I use monero to buy drugs

Das right. No one uses da internet or nuffin. Das why Amazon, Google, Netflix, Uber etc never be worth as much as Blockbuster.

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I use them to buy things

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I use bitcoin AND monero to buy drugs

Monero ethereum and to a lesser extent bitcoin are used. Everything else is hot air. Cosmos link band civic and Lition might join the first category

Nothing in this space will be valuable, unless it scales to millions of transactions per second. Think about it. If every google user would switch to duckduckgo in one day, duckduckgo would explode. They don't have infrastructure to let all these people do searches. In order to scale something to that number, you need super heavy blocks. The problem is, that this space is retarded, and demands from every crypto to be decentralized, while Satoshi clearly said, that nodes will be specialized data centers. 1 MB blocks at BTC lets you to make around 4 tps. If you'd want 4000 tps, you'd need 1GB blocks, and if you'd want 4 000 000 tps you'd need 1 TB blocks. That might sound scary at first, but pic shows, that computers are getting faster, bandwidth is getting higher, storage is getting cheaper, which makes BTC as scalable, as our technology lets it.

superrare.co

>I want to bet with someone whos giving out 2 to 1 odds Trump will win the election.
Oh shit, wait, how are we gonna get reliable data into the smart contract?
Oh yeah chainlink.
Ok thats a use case that ready RIGHT NOW, lets see the contract.

It's our only bargaining chip with the ayy lmao's
Gold and semen

That’s not how anything works. Software has rate limiting /spam prevention which in bitcoin is fees. There is no free lunch

bonus:

How are we gonna settle a dispute if soemthing crazy happens and the elction isnt decided by November 3rd night?

Oh yeah, Kleros

If a miner would mine a block, that's got 4 000 000 tps, and each would cost for example 1c, it would get $40000. Mining a block takes usually 10 minutes, and if that miner would have 10% of the hashrate, that would mean he'd earn every 100 minutes $40000, which means that in 24 hours he'd gain $560 000, along with block rewards (altough these are getting smaller each halving). Altough that miner will also have immense costs, like bandwith, disk space, and mining rigs.
Scaling is the only way to increase crypto's price long term.