this post was submitted on 30 Sep 2025
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I hate this so much because it's absolutely false. Nobody needs cryptocurrency. But Blockchain has very real value that has nothing to do with currency, grift, or "proof of work". Blockchain is NOT synonymous with crypto and the fact that everyone believes it is shows exactly how much damage the grifters have done :(
EDIT: Haters gonna hate. Hope everyone who down-votes reads the replies too.
EDIT 2: Here you go,, everybody. I did the research for you....
And hey, cryptocurrency also has utility outside speculative markets and grifters!
It can be used to move money freely and often times more efficiently, and some of it can be used for private payments, too. Ability to financially support someone anonymously is important for democracy.
It also allows you to get money directly without revealing sensitive payment information or relying on third party with giant fees. This is objectively good!