[seanalltogether]

I remember reading something awhile ago in regards to why people were investing in NFTs when it seemed so clear they were a scam. The gist of it was that it's easy to get into cryptocurrency, but it's hard to get out. KYC, taxes, age requirements, currency fees, etc are enough of a barrier that many people would rather just keep those assets in virtual space. Polymarket is the answer to the question "Well what else am I gonna do with this crypto I own"

[OutOfHere]

That's complete nonsense for the simple reason that it is possible to pay just fine with crypto on various sites, also to buy major gift cards. No KYC applies to these actions. We are not living in 2016.

[specproc]

I don't know how much of an issue KYC is to your average crypto-dabbler.

I found a few K's worth of BTC down the back of the sofa recently, and was astounded by how easy it was to use it like Visa after converting to stablecoin.

I don't think prediction markets are a function of stranded crypto, because for most holders, crypto has never been more fungible.