[xkfm]

It's kind of frustrating because I don't know a single person (besides myself) who uses crypto for anything but investing. Maybe one person because they bought an NFT (also for investment).

I felt like games/fantasy sports/betting would have come online by now. But, actually using crypto to buy anything is usually a convoluted process.

For betting and fantasy sports, you have better options. Most the games are still fumbling around/obvious vaporware. Your best bet is probably Axie Infinity, and it's not very fun, and also hard to play for free. Also, 80% of the people playing these games are using them for income streams, so they get min-maxed to hell, and there is even more botting than usual.

All of these altcoins, even bitcoin to a degree, are all barely usable unless you're letting them sit on an exchange somewhere.

I've had a good experience purchasing a good or service with exactly one altcoin.

Even all the DeFi stuff you hear about in articles/podcasts is too complicated, or you're going to have to pay $500 in gas fees to do anything.

It's pretty obvious most of the people who are "into" crypto, aren't really doing anything with it besides honing their investment skills once you actually talk to them about what they do with it.

[berberous]

The exorbitant gas fees should be largely resolved by L2s and other L1 scaling solutions. I am a huge crypto bull, but that is based in part on my belief that those scaling issues will be solved over the next couple years. I don't think anybody believes that crypto will be successful if those scaling issues are not addressed.

[EugeneG]

What do you use it for other than investing?

[xkfm]

Currently, mostly buying currency in Mir4. Apparently, you're going to be able to buy and sell characters soon. Mir4 you can mine currency in game and convert it to crypto or vice versa. So, I did the latter. That took two exchanges, multiple wallets, and multiple days for a less than $50 purchase.

The other games I've tried (Gods Unchained, Axie Infinity, MyCryptoHeroes, Splinterlands, Sorare) are either too expensive or not fun.

Augur (prediction market) is pretty interesting, but it's off limits in my region. It's also Ethereum based, so high transaction fees.

I've also bought a few pizzas, gift cards, domains, supplements, VPN access, that sort of thing as well. I still check for a crypto option at most places I shop (including SaaS services), but I don't see it most of the time.