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RE: What Problem Does Cryptocurrency Solve?

in LeoFinance4 years ago

Indeed like any tool it can only be used with education and practice, that's how you gain understanding. I just think crypto solves this or that narrative is Wildly overstated

Apart from some remittance disruption and store of value outside governments with Bitcoin I haven't seen much else that's really solving much

Smart contracts - most of its gambling no real application yet
Staking - centralisation of inflation we have that in fiat
Yield farming - rehypothication of inflation we have that in the derivatives market

Same same different name!