this post was submitted on 04 Mar 2024
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I use crypto to privately pay for my VPN, phone bill, to donate to foss projects. I sold some digital items online for crypto. I use it because it's faster, more private (if done correctly) and convenient than using a credit card or bank transfer. No one can seize, freeze, or control my crypto. I can donate, pay or get paid on my own terms with no middle man. If visa, mastercard, banks or fintech companies generate value then so does crypto.
I was talking about the use of crypto as an investment, not as currency. While the latter was the purpose that cryptocurrencies were originally designed for, the former now far outweighs it.