Hacker News Reader

There are two main use cases for blockchain assets at the moment:

- Gambling (or politely called, speculation or even 'investment')

- Ransomware payments, but that's a distant second

I guess you say that influencers make money off the first? There's a third group making money off blockchain: the people making markets and running the infrastructure.

View on HN

and sending money cross borders to your family and paying suppliers outside of your country and having a multi-currency account without insane fees and automating finance and upgrading financial systems to modern tech

I found interacting with the blockchain world to be much higher in fees than when going via the real finance route.

You forgot money laundering and paying for illegal things.

No, I left them out deliberately.

At some point in the past, you could perhaps buy illicit drugs with bitcoin, but that has largely died out, as far as I can tell. You can't even buy a pizza anymore.

Reply on news.ycombinator.com