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by phil21 264 days ago
I find a good use in it via making legal, but otherwise “high risk” transactions traditional financial institutions either don’t touch or make very difficult to engage in.

Much easier for me to send a small amount of crypto to a VPN provider, or a custom parts supplier in a “strange” country where Visa/MC/bank wires are a huge hassle if available at all.

It’s not a huge use case, but it removes a ton of unnecessary friction from transactions traditional banking left behind as deemed “not worth the hassle” to them.

Or as I describe it: Digital cash. I don’t need the flea market vendor to need to be vetted by some financial provider to sell me their 3d printed parts collection.