So I am not really into cryptocurrency and only have some basic knowledge. As far as I understand the idea between crypto (or especially bitcoin) was a decentralized payment system. Everything I heard about crypto the last few years was only about trading and value going up and down blabla. How is it going so far for using it as a payment method? Are there countries, systems, spaces in the internet or anything that actually use crypto for paying? Whar are some good examples? Do you yourself use some of these?
And are there maybe even PayPal-like Apps which you can use for paying in crypto to others?
I know this was the goal of Nano (XNO) originally. I still love the idea of it but with all the regulations and stuff now I think nano is kinda dead (or at least unpopular) It seems the only crypto used for transactions is Monaro.
I remember years ago hearing about a Minecraft server using it as “premium” currency which I thought was interesting. I think the idea was you could earn real money on their game server.
It’s so cheap now you could probably use it as currency for a game if you really wanted
Edit: not gonna lie I think Nano is a pretty cool name for a decentralized currency. Better than some of the weird coin names out there
Nano is one of the examples of how a crypto currency can be used for payments. Unfortunately it’s all useless because the crypto space is dominated by speculative investments and scams.
Crypto is, and always has been a way for money laundering to happen. Right now, its almost exclusively used bt speculators, corruption and Libertarian perverts.
I cant remember which Latin american country attempted to switch to it, but basically it just facilitated massive corruption. Same with the trump regime.
Its fucking stupid and only serves to enable corruption. Also, Jefferson Epstein was a crypto pervert