[lern_too_spel]

> The fact that I can send money (liquid fiat) to a friend without going through paypall/zello/etc. is valuable.

You can do that only because Bitcoin is currently underregulated. Governments will eventually regulate it to enforce money laundering laws and starve DPRK, and then Bitcoin will become even more expensive relative to other options.

[thewataccount]

> You can do that only because Bitcoin is currently underregulated... Governments will eventually regulate it and then Bitcoin will become even more expensive relative to other options.

Sure, and if that happens then it's value as a liquid fiat will decrease. The idea that "it only goes up and to the moon!" is what has made everyone declare it a scam.

If it currently has a use case then it has value. The currency is not a "scam" but this horrendous idea of treating it as an "investment" is delusional.

I think cryptocurrency has a few very valid use cases, but I think it's been shoved onto everything when it's not even needed (CSGO has been fine without NFTs).

[lern_too_spel]

> If it currently has a use case then it has value

The use case is not due to the technology having any benefit but due to current underregulation. The reason people declare it a scam is that the technology does not solve any practical problems better than centralized ledgers.