Murtaza Hussain pfp
Murtaza Hussain
@mazmhussain
The only useful cryptocurrency have proven to be stablecoins. The “crypto industry” is the world’s largest mafia-run casino.
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39 reactions
Dan Romero pfp
Dan Romero
@dwr.eth
By definition then Ethereum is useful since it enables stablecoins.
2 replies
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33 reactions
Blinky Stitt pfp
Blinky Stitt
@flashprofits.eth
This is clearly bait since you were happy to be getting tips. That reminds me, I need to relock or whatever the latest thing is to get more $degen
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vsck pfp
vsck
@vsck
do casinos have insiders?
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1 reaction
Vinay Vasanji pfp
Vinay Vasanji
@vinayvasanji.eth
Time to revoke all your Warpcast Rewards, except we can't as onchain transactions are irreversible
1 reply
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Nach pfp
Nach
@nachlikenacho
Bitcoin was useful for low cost, cross border payments before stablecoins. Also, Monero for private payments.
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links 🏴 pfp
links 🏴
@links
Mmm although stable coins are the most popular/adopted use case, there are other “proven” use cases that don’t have as much adoption. For instance, cross-border payments.
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Nate Maddrey pfp
Nate Maddrey
@nmadd
The whole world is basically a mafia-run casino right now The casino aspects of crypto still get the most attention and headlines. But outside of the trenches there is a lot of promising stuff being built right now imo
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fredt.eth🎩💎 pfp
fredt.eth🎩💎
@fredt
Nah. Don't give up on crypto still early 🙂
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Yakuza pfp
Yakuza
@iamtherealyakuza.eth
Agreeing more and more with this daily.
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amc pfp
amc
@amc
I’d say Bitcoin has proven its value and usefulness on a long time frame
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vsck pfp
vsck
@vsck
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MJC pfp
MJC
@mjc716
you must’ve not been around when we tried to buy the constitution
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Blinky Stitt pfp
Blinky Stitt
@flashprofits.eth
besides what dwr said, a lot of the useful cryptos have been overlooked or not created because they don't fit into the US' strict idea of what a security is. If crypto could pay their users profits from their operations, they would be actually useful. I love CRV. It pays like 4% APR today from actual revenue (not ponzinomics) and 14% more from voting incentives. It's been much higher in the past and I think with the next bull will go up again. What shares in the world pay 18%? And in stables! That's useful to me. That supplements my income and I'm happy to participate in their governance. Tokens like UNI are terrified of their fee switch because of the way securities are defined. https://crvhub.com
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Mashal pfp
Mashal
@mashal
would say two other really good use cases are community decision making mechanism // bottoms-up coordination for splitting funding pools (quadratic funding) and sustainability through staking mechanisms. we run our entire org and operations + fund open source projects sustainably through just ETH staking rewards at @octant
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