[fmvab]

Another point I’d add: isn’t it telling that we haven’t come up with use cases for crypto that aren’t in some way speculation in the last decade plus?

[rvz]

ENS [0] seems to be a use case here [1][2] and even the concept can be used by merchants for users to donate / pay towards verified names e.g: (myshopname.eth) rather than 0x123..cdef. That still isn't an example?

I mean, I can even see that in reputable payment services like Stripe, BitPay and Coinbase Commerce in the future.

[0] https://ens.domains

[1] https://www.skiff.org/updates/skiff-ens

[2] https://www.skiff.org

[amilich]

Thanks for sharing, we totally agree with the utility in collaboration and sharing.

ENS/wallets give users a lot of utility on Skiff - it makes logging in to privacy-first platforms easier (manage on secret key/seed phrase), sharing easier (ENS vs. an address), and decentralized storage can be nice if you don't want your data hosted on big tech.

[jgod]

What other way do you have to do this?

First sentence of the Bitcoin whitepaper: "A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution."

[grumple]

Except that's a lie because you need a middleman to process the transaction (mining group). And in reality it ends up having another company like coinbase in the middle as well. So now you're in a worse position than before.

Actual cash moves quite easily.

[fmvab]

I’d say that’s a feature but what I’m talking about is real in-use projects

[gfodor]

Crypto enables illicit transactions.

[lern_too_spel]

Only because they haven't yet been regulated. That has already changed in China and is about to change in the US. Then that use case goes away.

[gfodor]

Maybe, maybe not. Certainly some people who are doing this will continue to do so despite regulation. In any case disproves the comment I was replying to.

[Jommi]

I mean this argument falls apart easily on the debate about use cases for crypto.

I'd stay away from making statements like this without backing them up.

[fmvab]

What’s your counterexample?

[Jommi]

https://news.ycombinator.com/item?id=30730243

Or the fact that you trustlessly trade a virtual currency to any other virtual currency. The fact that thats possible is insane.