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If that is the only killer app crypto can produce then it's not useful to most people and will stay a niche technology forever.


It's not useful to people almost all the time but it's vital and one-of-a-kind for that certain scenario.

Though I could similarly throw in dissidents earning money and financing. I could just repeat what's in the article.

In the mean time, sure, it would be smart to find other use cases.


I'm not sure if it really is one of a kind. Having a bit of money on PayPal would cover almost all scenarios equally well and even have less friction actually using your money.

The combination of PayPal and Gold doesn't seem to justify to me the valuation of a market cap of 800 billion dollars or in other words, a daily budget of 40 million dollars for securing the blockchain.


> Having a bit of money on PayPal would cover almost all scenarios equally well

Unless you're...Ed Snowden?

Or Paypal takes a dislike to you for their own reasons?

etc


To be fair, political persecution is another application. And maybe I should have started with that.




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