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pichael288 t1_j1z8okd wrote

It's beany babies again, only this time you don't get a toy you get nothing. Speculative markets are only really good for ripping people off.

It does (or did) have one special usage. The silk road, used to be you could spend crypto on extremely cheap drugs. Not a good use but still a use. The silk road got shut down tho so I don't know how safe it is anymore. No such thing as untraceable, not for long.

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ScorseseTheGoat86 t1_j1zb05r wrote

Everything is traceable on the blockchain, unless you're using Monero. The world can see every single transaction that's ever been done.

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Potential-Ad1618 t1_j1zbbho wrote

Yeah a public ledger validated by mathematical algorithms is the same as beanie babies

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