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RE: What Problem Does Cryptocurrency Solve?

in LeoFinance • 4 years ago

Yes absolutely I get that it facilitates international remittance and it’s faster and cheaper to do and is for sure a use case but you don’t need smart contracts and all this other NFT stuff to do that or even stable coins

Bitcoin does that just fine! Bitcoin is handling all the functions of money but cryptocurrency tokens just seems like a project waiting to find a problem to solve

Like what has TRON solved that it’s worth billions?

4 years ago in LeoFinance by
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     4 years ago  

    but you don’t need smart contracts and all this other NFT stuff to do that or even stable coins

    tbh I still can't get my head wrapped around all these new crypto tech and terms. Just too many other coins right now, too many promises from other crypto projects, it gets confusing for me. It is as if we can't focus on making Bitcoin work or solve everyone's problem first.

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       4 years ago  

      I feel you 100% I’ve gone down the rabbit hole and bothered to go through all these projects and like you said all promise feel good sound nice stuff but it’s added very little for the valuations

      focusing on Bitcoin works for me so that’s where I’ll stay, there’s already so much to learn in Bitcoin alone giving up mental capacity to learn things you never going to use what’s the point

      !LUV

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       4 years ago  

      there’s already so much to learn in Bitcoin alone giving up mental capacity to learn things you never going to use what’s the point

      This is so true!

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