this post was submitted on 04 Mar 2024
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[–] qwerty@discuss.tchncs.de 1 points 8 months ago

That's just not true. Monero, litecoin, bch... transactions cost less than a penny. No one uses bitcoin for illegal things anymore (it's tracable and forever on the blockchain, people use monero instead) but if they were wouldn't that mean bitcoin is useful for exchanging goods?

I use crypto for a bunch of legitimate things like paying for my VPN, phone bill, donating to foss projects etc.

I use it because it's more private, faster and more convenient for me. I can always have it with me, use it from any place, any time, for anything I want with no hidden fees and no one can seize, freeze, track or control my money. If you think that thoes things are valueable only to criminals you must have lived under some 1st world rock for a while.