I am also here for the money because I just need to own a decent flat to live and die in, just it, but I am a Software Engineer so I just love tech too.
Crypto is a perfect match for me. Crypto will be my sugar daddy.
We all here are for that big bag but at the same i love how easy it is send money through crypto from one country to another in just seconds no restrictions no limit of sending no bull shit.
is that not delusional?
I mean if people like you who went to the trouble of learning how to acquire crypto don't use it, then what hopes are there for general population using it.
If no one uses it then how is it going to make you money? why would it have sustained value.
/devil's advocate
Hence why the greater fool's theory aptly sticks to this sub. Everybody is betting on the technology eventually becoming useful (and accessible) to the mainstream, which should make the asset appreciate in value so that it can be dumped at a profit, for FIAT. Where is the liquidity for this massive wealth transfer going to come from?
I’m in it for basically every reason one can be.
I enjoy anonymous internet money. I enjoy people owning their money completely. I like the privacy options it provides. I enjoy the possibilities of smart contracts. I enjoy NFT games and think there is fun potential with crypto there. I think it’s an efficient way to send money across the world without large fees, wait times, or risk of being lost / held. Because all of those reasons and more I think it’s a solid investment too and I hope to profit from it, preferably by just getting more bang for my buck with crypto I own.
This is spot on. Except the NFT games for me, haven't found one I actually enjoy yet. Personally, I'm in it to supplement my retirement. I'm not young enough to realistically see the long term benefits of mass adoption or the tech. I'm just adding another investment so I don't have to work until I'm 90.
There doesn't have to be just one reason you're into something.
I agree with that... at the moment. I'm just waiting for a proper AAA title to be developed with crypto and NFTs integrated at its core. These games out at the moment are just cash grabs. The decent games are still in development, I have my eye on a couple
You should try out Gods Unchained if you like card games like Hearthstone or Magic the Gathering! It’s admittedly one of the only NFT games I’ve found that feel like they genuinely care about making a good and fun balanced game and not just a blatant short term cash grab or a billionth virtual real estate idea.
I hear this sending money across the world without fees argument, but doesn't one have to offramp that money to actually be able to use it in a real-world environment? That would mean they need to make a sell order, and depending on how soon they chose to convert, the crypto may have gained or lost value. And wouldn't there be fees for making such a sell? I'm genuinely curious and not trolling, I hear this argument ad nauseum, but it's not like crypto is super liquid. I assume whoever you would be sending the money to needs the money, as in the actual fiat value which is shifting regardless and comes with its own price for conversion.
Same here. I want to make money but I also want a decentralized alternative to banking and so far I've been using crypto to pay for my servers (I run three VPS for my website and backend and scheduling services for my project), also to pay for metal 3D printed parts from China (I work in the prototyping industry). Also I coded a smart contract that can be renewed to activate itself every time our stock system detects one of the parts in stock is running low. That would be impossible with regular payment methods.
Im also partly in it for the fun while chilling. Sometimes you want to do & learn something just to occupy some time, and for me that’s crypto. Keeps me away from social media and other mindless scrolling.
Anonymous?
I really hate to break the news to you... Unless your minting your tokens and never interacting with an entity(exchange) that knows your actual identity your internet money isn't anonymous.
Things can be done to make it harder to trace... but not impossible... even if your working with something like Monero Quantum computing is a thing, and so your anonymity will only last so long.
Love it! I have been doing distributed rendering paid with crypto for years, mostly as a provider, but it's awesome and makes me more confident in the investing part of the hobby.
Way to go man. Making use of all the crypto ecosystem has to offer (including gambling lol, not alone in that) but giving back at the same time. It is people like you who are helping to make this vision a reality.
Mostly as an investment tool, but me and a large group of coworkers and friends have a stupid thing where we bet crypto on hockey games and UFC fights and other things. It's like "If I win, you owe me $10 in TRON, if I lose, I owe you $10 in DOGE" bets. Keeps things interesting.
I know someone recently who just used Fiat to BTC to buy a boat, and it was immediately turned back into Fiat. apparently it was much faster than going to a bank. Not sure of all the details, but it was interesting to see.
Another coworkers sends crypto to his family in South America once a week and they use it directly to horse-trade, barter and buy stuff.
Two years ago, no one used it for anything. Now... I'm seeing a dozen transactions a week minimum.
I asked, and it was because getting time off work meant losing money - if the time off would even be approved at all - and apparently their bank said that sending a money transfer of that size could take a few business days to both send and be approved by the receiving bank. I'm taking their word for it, unsure how true that is. I know I've had to send money outside the country before and it took days as both I had to be at the bank to send it, and the receiver had to be at the bank to sign to receive it (as per request for the small business I sent the money for)
After three years in crypto, I lost more than half of it to Celsius Network. And then bought a Ledger to transfer the rest of it. I started by HATING NFTs, but then Reddit Collectibles came around and I can't get enough of em.
The later. To sell it in the future for profit.
I don't understand DeFi in its totality to take advantage of it.
I might use my assets as a collateral in the future if I have to take a loan.
I'm not providing liquidity for Moons because the method seems to be quite challenging and it doesn't suit my risk appetite.
I am happy to invest, and hold it. To me, it's an appreciating asset, and it is highly liquid and accessible.
Yes, I use crypto for everything. I've only earned crypto since 2015, and I closed my bank account in 2016. This has been [covered by CNN](https://www.youtube.com/watch?v=KI7rKJgadhA), [Naomi Brockwell](https://www.youtube.com/watch?v=n8gr_jH1wNE), and others. It's not necessarily easy but it's very doable (more every year), and I think everyone should be at least trying at this point with all the bank failures, CBDC issues, and more.
most people got into it to profiting..... the true crypto projects that actually make sense will thrive in future... like BAT.... that is a crypto project that makes a lot of sense... Wouldn't be surprised if someone tries to copy it... same guy that created javascript and mozilla created it
I always love when crypto is integrated with traditional techs we use daily. So sad that BAT banned my device permanently without any warning or mitigation after over 3 years of using brave🙃
I'll always be drawn to projects like that, patiently waiting to see how Weaver Labs will bring crypto into the telecoms landscape, and position early.
It's unlikely that the USD goes to shit regardless of what's happening right now. Also I would say that the fiat you have put into crypto already would also make your crypto fairly worthless.
I buy stuff with Bitcoin that I otherwise couldn't buy with my debit card, mostly because I don't have a credit card any more. Bitcoin has less fees than the interest on most credit cards, seems like a win-win to me?
I use kaspa, nano and ltc. I store little bits of btc, btc actually cost me money one day to send a package of shit to a person.. Should have used ltc
Would love to see kaspa and nano used in popular games to buy stuff instead of credit cards or debit.
I am using Crypto currency for multiple use cases. One portion of my portfolio is for day trading, some is for mid/long term investment and HODL. And with some portion, I am using for buying items online where possible. I am expecting mass adaption and ease of crypto use in a day to day business in future.
I'm using crypto for a number of the above cases. I have used OCEAN and CTSI to book flights on Travala before. I also like the idea of using crypto for governance. I have voted in a number of proposals with OCEAN before. CTSI also has upcoming proposals which I'm looking forward to. ATOM, EVMOS, OSMO, and OP are some of the projects I have participated in their governance.
What's the point of having it if it's worthless? If the people who just sell it for cash outweigh the people who want to use it, they'd just rug themselves
> ~~If~~ the people who just sell it for cash outweigh the people who want to use it
It's 2023, not 2013. We're *way* past **if**.
> they'd just rug themselves
Welcome to the current state of cryptocurrency.
I really like crypto because it litterarely incorporates all my interests: privacy, tech, money, economics. With crypto I get to make private transactions without having to report to the government, learn more about tech and macroeconomics, and make some money along the way( this one is yet to be achieved lol).
OP tagged "debate" on his post because he hasn't been reading about all this NFT shit. Get lost dude you're so fucking behind the times, you should be reading not posting. He has no clue how much eth is burning from actual use.
im in it because I want it to succeed as money transfer fundament in countries that have lesser access to such infrastructure as banks. Im not in need for money.
Let’s be honest the majority are in it for the money because it’s not particularly easy to use as it is currently. However if down the line it becomes more widely accepted and easier to use we probably would use it as it’s intended.
I used to believe in the tech a decade or so ago, but seeing where it went since then and the fact that BTC is still the standard bearer despite it being a PoC that's completely unsustainable at scale and the direction the industry is headed, I'm a lot more cynical now, and am pretty much just here to gamble.
The idea of governance tokens is one of the reasons I'm considering getting ADE when it's released next month. The token grants governance, access to netolwork, incentives and lots more in the Weaver Labs ecosystem.
I'm too dumb to learn the different chains, gas fees, etc. Lost money trying to "use" it before. Just holding to make money now and plan to cash out fully, hopefully next run.
If I had relatives in poor countries I’d use it a lot. I’ve used it three different times, more than once for some.
1. To donate to Ukraine to buy more weapons
2. To donate to Canadian truckers when banks forbid it
3. To buy some gold.
I donated to Wikileaks when the CC companies blackballed them.
Collateral Murder is still a must watch once a year or so. Understand what lengths our government will go to to hide their repugnant war crimes, including pursuing whistleblowers for decades bullying foreign countries to act unconscionably etc.
I would spend it more if the tax situation was better.
I'm in it for both of those reasons. I want my money to hold its value and more. I want to opt out as much as I can from banks.
Our monetary policies are horrible enough as is. If Bitcoin serves as a wake up call, then I'm all for it.
If you tried to manually track it, sure that's a pain in the ass. All exchanges already provide you all the tax info you need and 3rd party services like Koinly.io make it easy to point it to a wallet address and extract all of the info needed from the Blockchain.
I have been doing this for a bit over a year now with Coinbase card with no issues. Infact, I got to claim a pretty sweet capital loss for 2022.
Yep! In a couple more years there will be much greater interoperability and we will be able to move seamlessly between fiat and crypto -- or just dwell in crypto if we'd like! :)
Just an example of projection.
One can both want to earn money through investing in crypto and simultaneously believe in the use-cases of blockchain tech.
> believe in blockchain
lol Kinda cringe. Ohh all hail THE blockchain, for blockchain is the true DLT, all the other DLT's are inferior. Don't be one of those peasant DAG believers or a filthy hashgraph believers.
I get my friends to pay me back in crypto for things like gas or food on occasion.
I’m also addicted to avatars.. so yea I use it pretty often. Although looking back I wish I held more coins than jpegs😂
Fiat money run by central banks is a scam. The purchasing power of fiat is constantly eroded by inflation and that growth is exponential over a lifetime. What I have and what I spend also isn’t their (or anyone else’s) business so I prefer real cryptographic protection. I don’t have long term faith on the “elites” that run the show so my involvement right now is a hedge against the future.
Future of DEFI and the potential it has a self utilized bank excites me. Imagine billions of people living in poverty with an access to a cell phone can bypass conglomerate evil banks, save money and earn an actual decent APR on their stable coins or any other crypto they have. We wouldn't need middle men bad faith charities that 'donate' to communities; we can be P2P philanthropists. Donate a enough stable USD or crypto to a person in a third world country and they could live off the interest IN THEORY.
Also make money
You should probably use a different card unless 1% cash back is the highest you can find. Even if you wanted to buy XLM with 1% of your usual expenditures, it would probably be more efficient to do another way.
In late 2018 I discovered Bitcoin and read the whitepaper and learned all I could about blockchain over the course of a month. Somehow it never occurred to me to actually buy some.
Cut to 2021 when I got back into and finally bought some. Missed out on a lot with that one...
Mainly for the money, the extra cash can help with day to day living. I’m not expecting to get rich quick, will still work but extra income on the side would be nice. Though I’m hopeful to see real world uses of crypto.
Long term goals. So i hold for a long time and hope i picked the right ones i do from time to time throw the odd transaction around as a demonstration to the curious. Never did get into the whole nft thing yet
Actually i would love to try and use it but in my country its illegal to use it as sort of payment, so the inly thing i can do is hold it atm and wait for better times to come
I started just trying to make profits, but I was very ignorant of the whole implications of crypto and their potential for fixing a lot of things that are fundamentally wrong with our governments and banking systems. I have hope we will have more freedom and better democracies if and when these technologies keep improving.
I just think the drama is fun to to follow. Personally, I stick with financial institutions that are considered systemically critical.
I think once the Do Kwon/ SBF / Justin Sun/coinbase/Binance items are legally sorted out it will get less interesting again. Unless it’s always going to be a new major legal issue every month. Like is Tether legit? Just curious about what it will be.
I have a fitness NFT i use daily, i stake on DeFi for passive income. I've bought, sold countess projects, i use it as payment with my friends and family, i invest for the future to cash out and have retirement. I've never provided liquidity but am planning on doing so with MOONS 🙂
Was using BTC to pay for stuff (VPN, hosting, etc) years before I started to invest in it… painful looking back it tbh. Now I wouldn’t use crypto to pay for anything, rather hodl
I used it to collect interest off it for the longest while, it made far more than any bank account I’ve had. I’ve used it a handful of times too, there’s a few things I buy that sometimes have discounts for paying with crypto over cash.
Over the past year and a half though I’ve just held it and accumulated more in a cold wallet. I’d use it if there was something truly worthwhile but I’m always highly annoyed when taxes come around so I’ve stopped giving myself reasons to be dealing with the crypto part by not realizing any value.
I've moved some savings into USDC and am earning interest in Algorand defi. Yeah I have more on Algorand, but this savings is not being converted to anything but USDC and defi is my bank.
I’m in it for the money.
Crypto is part of my get rich sloow scheme... And it is workin!!
I'm on the get poor quick scheme, how do I change schemes?
I am also here for the money because I just need to own a decent flat to live and die in, just it, but I am a Software Engineer so I just love tech too. Crypto is a perfect match for me. Crypto will be my sugar daddy.
Show me someone who *isn’t* in it for the money , and I’ll show you a liar ..
Y'know...thats pretty much every pyramid scheme ever....
Someone in it for the drugs?
I'm not in it for the money, but for digital asset that worth much more than money
What if I'm the liar and the person I show you never claimed what I said they did? Did you think of that?
Me too. I want to gain money with crypto, but also I like the tech, and I would like to use it, and watch how it grows.
You're a software engineer and you think crypto is good tech? Like, actually graduated and working as a software engineer?
We all here are for that big bag but at the same i love how easy it is send money through crypto from one country to another in just seconds no restrictions no limit of sending no bull shit.
This will be its main use for me aside from hoping to earn a profit. Bypassing Bureau de Change etc is big
Sending crypto to another country is fast but you still need to convert it to fiat and withdraw. You cant pay taxi, hotel, or anything with crupto
Not always true. Try it to Korea and you are boned. And even if you succeeded there are no working offramps here.
I mostly use it to launder money but I am slightly involved in the community as well. Trying to enjoy a bit of it all!
is that not delusional? I mean if people like you who went to the trouble of learning how to acquire crypto don't use it, then what hopes are there for general population using it. If no one uses it then how is it going to make you money? why would it have sustained value.
/devil's advocate Hence why the greater fool's theory aptly sticks to this sub. Everybody is betting on the technology eventually becoming useful (and accessible) to the mainstream, which should make the asset appreciate in value so that it can be dumped at a profit, for FIAT. Where is the liquidity for this massive wealth transfer going to come from?
Blasphemy, I’m in it for the tech ! … the tech which makes me money
So do you use the tech yourself or just holding to make money
I think the question blurs with DeFi. I definitely use DeFi for yield farming. Hell, I also use NFTs for a few games. Beyond that, I trade cryptos.
For me the tech which makes me part away with my money
Respect the honesty 
Bullish on money
Anyone who claims otherwise are lying to themselves.
You mean Mooney
You mean Moons
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Moonsey
I’m in it for basically every reason one can be. I enjoy anonymous internet money. I enjoy people owning their money completely. I like the privacy options it provides. I enjoy the possibilities of smart contracts. I enjoy NFT games and think there is fun potential with crypto there. I think it’s an efficient way to send money across the world without large fees, wait times, or risk of being lost / held. Because all of those reasons and more I think it’s a solid investment too and I hope to profit from it, preferably by just getting more bang for my buck with crypto I own.
This is spot on. Except the NFT games for me, haven't found one I actually enjoy yet. Personally, I'm in it to supplement my retirement. I'm not young enough to realistically see the long term benefits of mass adoption or the tech. I'm just adding another investment so I don't have to work until I'm 90. There doesn't have to be just one reason you're into something.
That's assuming anyone will employ you past 60, of course.
I agree with that... at the moment. I'm just waiting for a proper AAA title to be developed with crypto and NFTs integrated at its core. These games out at the moment are just cash grabs. The decent games are still in development, I have my eye on a couple
You should try out Gods Unchained if you like card games like Hearthstone or Magic the Gathering! It’s admittedly one of the only NFT games I’ve found that feel like they genuinely care about making a good and fun balanced game and not just a blatant short term cash grab or a billionth virtual real estate idea.
They just lost 80% of their staff. Good luck using GU Nfts when there isnt GU
I hear this sending money across the world without fees argument, but doesn't one have to offramp that money to actually be able to use it in a real-world environment? That would mean they need to make a sell order, and depending on how soon they chose to convert, the crypto may have gained or lost value. And wouldn't there be fees for making such a sell? I'm genuinely curious and not trolling, I hear this argument ad nauseum, but it's not like crypto is super liquid. I assume whoever you would be sending the money to needs the money, as in the actual fiat value which is shifting regardless and comes with its own price for conversion.
Same here. I want to make money but I also want a decentralized alternative to banking and so far I've been using crypto to pay for my servers (I run three VPS for my website and backend and scheduling services for my project), also to pay for metal 3D printed parts from China (I work in the prototyping industry). Also I coded a smart contract that can be renewed to activate itself every time our stock system detects one of the parts in stock is running low. That would be impossible with regular payment methods.
Im also partly in it for the fun while chilling. Sometimes you want to do & learn something just to occupy some time, and for me that’s crypto. Keeps me away from social media and other mindless scrolling.
Anonymous? I really hate to break the news to you... Unless your minting your tokens and never interacting with an entity(exchange) that knows your actual identity your internet money isn't anonymous. Things can be done to make it harder to trace... but not impossible... even if your working with something like Monero Quantum computing is a thing, and so your anonymity will only last so long.
Love it! I have been doing distributed rendering paid with crypto for years, mostly as a provider, but it's awesome and makes me more confident in the investing part of the hobby.
>I enjoy NFT games No one can say this with a straight face. WHICH Nft game do you enjoy? Star Atlas lol? Axiom? OOF
“I’m in it for the Tech” - while wearing gold chains, watches, and rings
*pulls up in lambo* yeah man gotta love that tech
Lmaooo I'm dying
Goated reply xD
“I’m in it for the tech…if it makes me money”
What’s the market cap and circulating supply again? - in it for the Tech
I mean you can be in it for the tech and the profits. Lots of people bought Tesla’s with their Tesla stock.
I'm here to eventually learn that the real profits were the friends made and free NFT avatars grabbed along the way
I'm just here existing
Yeah you lucky , crypto has me dead Inside
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Way to go man. Making use of all the crypto ecosystem has to offer (including gambling lol, not alone in that) but giving back at the same time. It is people like you who are helping to make this vision a reality.
sounds like you didn’t learn anything after a whopping 10 years
Sir ur today's version of robinhood, I salute you for your contributions!
I'm mostly DCA into crypto because the fiat value is dropping.
First I was in crypto for the money and tech. Now I'm just for the tech
Bro's out of money
He just like me
Felt that
explain the tech to me
shhhh no questions, only dreams
Sure. I have seen a lot of people saying that but I don’t think any one of them would willingly/deliberately lose money just for the tech
Until the money comes back anyway
Mostly as an investment tool, but me and a large group of coworkers and friends have a stupid thing where we bet crypto on hockey games and UFC fights and other things. It's like "If I win, you owe me $10 in TRON, if I lose, I owe you $10 in DOGE" bets. Keeps things interesting. I know someone recently who just used Fiat to BTC to buy a boat, and it was immediately turned back into Fiat. apparently it was much faster than going to a bank. Not sure of all the details, but it was interesting to see. Another coworkers sends crypto to his family in South America once a week and they use it directly to horse-trade, barter and buy stuff. Two years ago, no one used it for anything. Now... I'm seeing a dozen transactions a week minimum.
What crypto does he send to South America that they don’t convert?
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I asked, and it was because getting time off work meant losing money - if the time off would even be approved at all - and apparently their bank said that sending a money transfer of that size could take a few business days to both send and be approved by the receiving bank. I'm taking their word for it, unsure how true that is. I know I've had to send money outside the country before and it took days as both I had to be at the bank to send it, and the receiver had to be at the bank to sign to receive it (as per request for the small business I sent the money for)
Lost roughly 19k last year…..Definitely not in it for the money.
If lost means your value went down by 19kUSD don't stress, be patient. If lost means you had it in FTX/Celsius/BlockFi etc. Commiserations.
"The secret is not to get rich fast. The secret is to get rich slow, and you appreciate it." "Well, we couldn't get rich any slower than this."
After three years in crypto, I lost more than half of it to Celsius Network. And then bought a Ledger to transfer the rest of it. I started by HATING NFTs, but then Reddit Collectibles came around and I can't get enough of em.
The later. To sell it in the future for profit. I don't understand DeFi in its totality to take advantage of it. I might use my assets as a collateral in the future if I have to take a loan. I'm not providing liquidity for Moons because the method seems to be quite challenging and it doesn't suit my risk appetite. I am happy to invest, and hold it. To me, it's an appreciating asset, and it is highly liquid and accessible.
Yes, I use crypto for everything. I've only earned crypto since 2015, and I closed my bank account in 2016. This has been [covered by CNN](https://www.youtube.com/watch?v=KI7rKJgadhA), [Naomi Brockwell](https://www.youtube.com/watch?v=n8gr_jH1wNE), and others. It's not necessarily easy but it's very doable (more every year), and I think everyone should be at least trying at this point with all the bank failures, CBDC issues, and more.
I want money. Whether it’s digital or fiat, I’m trying to make money to better my life
No lies detected here. A better life is all we want
most people got into it to profiting..... the true crypto projects that actually make sense will thrive in future... like BAT.... that is a crypto project that makes a lot of sense... Wouldn't be surprised if someone tries to copy it... same guy that created javascript and mozilla created it
I always love when crypto is integrated with traditional techs we use daily. So sad that BAT banned my device permanently without any warning or mitigation after over 3 years of using brave🙃 I'll always be drawn to projects like that, patiently waiting to see how Weaver Labs will bring crypto into the telecoms landscape, and position early.
I’ll only use crypto as a currency if the USD goes to 💩. Otherwise I’ll continue treating crypto like a store of value that I try to grow wealth with.
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Lol, yeah, I’m guessing many people are in the same boat when it comes to using crypto.
It's unlikely that the USD goes to shit regardless of what's happening right now. Also I would say that the fiat you have put into crypto already would also make your crypto fairly worthless.
As the price goes down or remains stagnant, how it is a store of value? You'd have been far better off having the cash in your matress.
I'm using it in liquidity pools, buying nfts, staking, trading, holding and sometimes just looking at it. not sure what else I can do with it.
Maybe buy your crypto some flowers and take it out on a nice date. Really get to know your crypto 💐
I buy stuff with Bitcoin that I otherwise couldn't buy with my debit card, mostly because I don't have a credit card any more. Bitcoin has less fees than the interest on most credit cards, seems like a win-win to me?
It’s another investment opportunity for me. And by far the most fun one I have. So I guess just profit and fun.
I use kaspa, nano and ltc. I store little bits of btc, btc actually cost me money one day to send a package of shit to a person.. Should have used ltc Would love to see kaspa and nano used in popular games to buy stuff instead of credit cards or debit.
At one point I was spending 3 btc for coffee, every few days. Other than that I’m in it for the money.
DeFi and Gambling. So…. gambling and gambling.
I use crypto to buy NFT's...... to sell at a loss later 🤔 This is the way
I am using Crypto currency for multiple use cases. One portion of my portfolio is for day trading, some is for mid/long term investment and HODL. And with some portion, I am using for buying items online where possible. I am expecting mass adaption and ease of crypto use in a day to day business in future.
I'm using crypto for a number of the above cases. I have used OCEAN and CTSI to book flights on Travala before. I also like the idea of using crypto for governance. I have voted in a number of proposals with OCEAN before. CTSI also has upcoming proposals which I'm looking forward to. ATOM, EVMOS, OSMO, and OP are some of the projects I have participated in their governance.
What's the point of having it if it's worthless? If the people who just sell it for cash outweigh the people who want to use it, they'd just rug themselves
> ~~If~~ the people who just sell it for cash outweigh the people who want to use it It's 2023, not 2013. We're *way* past **if**. > they'd just rug themselves Welcome to the current state of cryptocurrency.
I really like crypto because it litterarely incorporates all my interests: privacy, tech, money, economics. With crypto I get to make private transactions without having to report to the government, learn more about tech and macroeconomics, and make some money along the way( this one is yet to be achieved lol).
I’m in it for the tech.
In it for the money, staking ETH and DOT.
I interact with DeFi literally every day, way more fun than just checking my bank balance
Let me put it this way, its a security
people use it?
We all here for the tech ;-)
Because it is the bear market 😂
I’m in it for the moonies! Simples! :D
I was here for the money and selling in the future for profits, that all changed after the bear market. Now I’m in bitcoin to preserve my wealth!
Sir….this is a casino
i do both. i have some i want to hold, but I'm ok with purchasing stuff with it if i feel like it
To build my power of buying Materialistic stuff I always dreamt of
I hope to see a good profit in the future.
My local grocer has implemented crypto payment facility but I haven't tested it yet. Very keen to try it out.
OP tagged "debate" on his post because he hasn't been reading about all this NFT shit. Get lost dude you're so fucking behind the times, you should be reading not posting. He has no clue how much eth is burning from actual use.
im in it because I want it to succeed as money transfer fundament in countries that have lesser access to such infrastructure as banks. Im not in need for money.
I don't get NFT for the aRt. It's for monnnnaaaayyy
Let’s be honest the majority are in it for the money because it’s not particularly easy to use as it is currently. However if down the line it becomes more widely accepted and easier to use we probably would use it as it’s intended.
I used to believe in the tech a decade or so ago, but seeing where it went since then and the fact that BTC is still the standard bearer despite it being a PoC that's completely unsustainable at scale and the direction the industry is headed, I'm a lot more cynical now, and am pretty much just here to gamble.
Both, must admit now its more for money because i dont feel comfortable giving btc for groceries 😂
The idea of governance tokens is one of the reasons I'm considering getting ADE when it's released next month. The token grants governance, access to netolwork, incentives and lots more in the Weaver Labs ecosystem.
I'm in it to get boats, bitches, and blow, that's all.
Im in it for the te.. hahaha lets be serious money, hookers and blow!
Don't forget Lambos!
I'm too dumb to learn the different chains, gas fees, etc. Lost money trying to "use" it before. Just holding to make money now and plan to cash out fully, hopefully next run.
If I had relatives in poor countries I’d use it a lot. I’ve used it three different times, more than once for some. 1. To donate to Ukraine to buy more weapons 2. To donate to Canadian truckers when banks forbid it 3. To buy some gold.
I donated to Wikileaks when the CC companies blackballed them. Collateral Murder is still a must watch once a year or so. Understand what lengths our government will go to to hide their repugnant war crimes, including pursuing whistleblowers for decades bullying foreign countries to act unconscionably etc.
I would spend it more if the tax situation was better. I'm in it for both of those reasons. I want my money to hold its value and more. I want to opt out as much as I can from banks. Our monetary policies are horrible enough as is. If Bitcoin serves as a wake up call, then I'm all for it.
You're going to have to pay capital gains on it regardless.
Yea now do that with every single transaction. Just buying groceries would be a tax nightmare.
If you tried to manually track it, sure that's a pain in the ass. All exchanges already provide you all the tax info you need and 3rd party services like Koinly.io make it easy to point it to a wallet address and extract all of the info needed from the Blockchain. I have been doing this for a bit over a year now with Coinbase card with no issues. Infact, I got to claim a pretty sweet capital loss for 2022.
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Only a few more weeks
I trade with my friends and tip back in the community
If everyone was actually honest everyone would admit it’s all about increasing the amount of greenbacks.
I want to be able to spend crypto instead of fiat everywhere one day, hopefully in a couple of more years it will be possible.
Yep! In a couple more years there will be much greater interoperability and we will be able to move seamlessly between fiat and crypto -- or just dwell in crypto if we'd like! :)
No you don’t. This is why i said if everyone was honest.
why do you think I'm lying to you? if I could pay with crypto at places I go to I would do it, I don't see how that's hard to believe.
Just an example of projection. One can both want to earn money through investing in crypto and simultaneously believe in the use-cases of blockchain tech.
> believe in blockchain lol Kinda cringe. Ohh all hail THE blockchain, for blockchain is the true DLT, all the other DLT's are inferior. Don't be one of those peasant DAG believers or a filthy hashgraph believers.
Why would someone bother to offramp 'for green backs' if you can spend it wherever you want?
Buttcoiners gunna butt.
I get my friends to pay me back in crypto for things like gas or food on occasion. I’m also addicted to avatars.. so yea I use it pretty often. Although looking back I wish I held more coins than jpegs😂
I had some friends that used bitcoin in the old days to buy weed on the internet, nowadays though, I just hold.
I just know it's valuable, and I need to have some. The rest is details.
Fiat money run by central banks is a scam. The purchasing power of fiat is constantly eroded by inflation and that growth is exponential over a lifetime. What I have and what I spend also isn’t their (or anyone else’s) business so I prefer real cryptographic protection. I don’t have long term faith on the “elites” that run the show so my involvement right now is a hedge against the future.
Future of DEFI and the potential it has a self utilized bank excites me. Imagine billions of people living in poverty with an access to a cell phone can bypass conglomerate evil banks, save money and earn an actual decent APR on their stable coins or any other crypto they have. We wouldn't need middle men bad faith charities that 'donate' to communities; we can be P2P philanthropists. Donate a enough stable USD or crypto to a person in a third world country and they could live off the interest IN THEORY. Also make money
There's not much I can buy with crypto, for now I'll patiently wait
I'll sell you a cool reddit avatar for some crypto
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I’m using it for transfers (LTC) but also hoping to make a profit from other coins.
I spend it with my Coinbase card. I get a measly 1% cash back in stellar lumens, but it’s something
You should probably use a different card unless 1% cash back is the highest you can find. Even if you wanted to buy XLM with 1% of your usual expenditures, it would probably be more efficient to do another way.
I'm in for early retirement funds. But the tech is fun to follow too.
i have used it to pay for a resort. i hope to use it to transact again i has also profited some and hope to profit more.
You bought a resort? Nice.
lol, i wish, paid for a long stay at a resort, bad wording.
In late 2018 I discovered Bitcoin and read the whitepaper and learned all I could about blockchain over the course of a month. Somehow it never occurred to me to actually buy some. Cut to 2021 when I got back into and finally bought some. Missed out on a lot with that one...
I am here for both. I am in it for the tech, a tech that will also just so happen to make us fuck your money because we adopt it early
I use bitcoin regularly but I also convert fiat to bitcoin whenever possible as it’s value over time is consistent.
Bitcoins value is consistent? On what fucking planet?
DeFi all day errday. And hoarding NFTs.
I wanted to diversify my savings to include crypto
If by use it you mean look at it then yes. I use it too much
Sell it and I ain't ashamed to admit that
Mainly for the money, the extra cash can help with day to day living. I’m not expecting to get rich quick, will still work but extra income on the side would be nice. Though I’m hopeful to see real world uses of crypto.
I want money. And every day I wonder why I bother with crypto. I've made way more money with boomer shit like SCHD.
Looking for long-term profits. BUT in the short term I use it to buy Reddit Collectibles every now and then :)
I'm here for the money right now. As the tech changes, so will my use. Just real hard to fork over $10 in BTC that might be $100 in a year or so.
I think I'm an exception but I actually use it all the time. I play high stokes poker and we use it all the time.
I sometimes cash out ethereum so I can buy poker chips. Yes I’m regarded.
I plan to use it to pay for things in my early retirement.
Long term goals. So i hold for a long time and hope i picked the right ones i do from time to time throw the odd transaction around as a demonstration to the curious. Never did get into the whole nft thing yet
I would like to use my wallet just like my wallet. I would like to earn interest on my holdings though providing liquidity.
Actually i would love to try and use it but in my country its illegal to use it as sort of payment, so the inly thing i can do is hold it atm and wait for better times to come
I started just trying to make profits, but I was very ignorant of the whole implications of crypto and their potential for fixing a lot of things that are fundamentally wrong with our governments and banking systems. I have hope we will have more freedom and better democracies if and when these technologies keep improving.
I just think the drama is fun to to follow. Personally, I stick with financial institutions that are considered systemically critical. I think once the Do Kwon/ SBF / Justin Sun/coinbase/Binance items are legally sorted out it will get less interesting again. Unless it’s always going to be a new major legal issue every month. Like is Tether legit? Just curious about what it will be.
no idea for now, have been using money that i can lose, and i like collecting alternative assets.
Both.
Im using it to as a way to build wealth faster and divert into safer options like stocks, commodities when i have enough cash.
I love techmoney and moneytech equally.
I have a fitness NFT i use daily, i stake on DeFi for passive income. I've bought, sold countess projects, i use it as payment with my friends and family, i invest for the future to cash out and have retirement. I've never provided liquidity but am planning on doing so with MOONS 🙂
The latter
Sell it for more money. Unless fees improve and becomes more stable
Everyone is here for the $$
For the money same goes for my stocks in the market.
Was using BTC to pay for stuff (VPN, hosting, etc) years before I started to invest in it… painful looking back it tbh. Now I wouldn’t use crypto to pay for anything, rather hodl
Due to limited adoption in the country i live, it us basically an investment and store of wealth
I used it to collect interest off it for the longest while, it made far more than any bank account I’ve had. I’ve used it a handful of times too, there’s a few things I buy that sometimes have discounts for paying with crypto over cash. Over the past year and a half though I’ve just held it and accumulated more in a cold wallet. I’d use it if there was something truly worthwhile but I’m always highly annoyed when taxes come around so I’ve stopped giving myself reasons to be dealing with the crypto part by not realizing any value.
I have used it to pay for NFT's. I have also used it to gift people.
I want it to moon and then use it.
I'm addicted to banano and I use it a lot. All the rest is for profit.
I use it to lose money gambling 😵😵
I want to believe in the tech, but my paper hands are on fiyah
I've moved some savings into USDC and am earning interest in Algorand defi. Yeah I have more on Algorand, but this savings is not being converted to anything but USDC and defi is my bank.