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by orarbel1 2889 days ago
"There were only 36M users online, roughly the same order as the number of Bitcoin users in the U.S."

When you say "users", what do these users "use" Bitcoin for besides speculating on its price?

Do you know of any real usage?

1 comments

Bitcoin is presently used for illegal activity, remittances, currency in countries undergoing hyperinflation (Zimbabwe, Venezuela), as a way to make oneself feel wealthy, and of course price speculation.

Ethereum is currently used for startup fundraising via ICO, for tokens in collectible games (Cryptokitties), to distribute ad revenue from browsing the web (Brave), to incentivize participation on curated social news sites (Steemit), for decentralized prediction markets (Augur), to get paid for donating computing power (Golem), and of course for speculation. Possibly others I'm not aware of too.