> > I like crypto conceptually, but I'd love to finally see a use case that isn't just a regulatory workaround or recursive (something that shuffles other crypto around without an world-facing application).
> I mean there's plenty but it's only interesting if you like finance.
As it happens I do like finance. And all the use cases I know of are basically regulatory arbitrage.
There's nothing about prediction markets that makes them benefit from crypto. It's betting. Sports betting exists without crypto just fine. But the intersection of betting, real world events and US dollars is murky waters. So instead they work on crypto.
Monero is perhaps the one novel case, of untraceable payments. But is that the best crypto can do?
I agree the mechanisms are novel, it's just a shame to me that they didnt create a novel use case too. But I'd love to hear more tangible cases too.
> I mean there's plenty but it's only interesting if you like finance.
As it happens I do like finance. And all the use cases I know of are basically regulatory arbitrage.
There's nothing about prediction markets that makes them benefit from crypto. It's betting. Sports betting exists without crypto just fine. But the intersection of betting, real world events and US dollars is murky waters. So instead they work on crypto.
Monero is perhaps the one novel case, of untraceable payments. But is that the best crypto can do?
I agree the mechanisms are novel, it's just a shame to me that they didnt create a novel use case too. But I'd love to hear more tangible cases too.