I know that you can use crypto for other purposes like investments & payments but other than two? What other transactions you can use crypto as a substitute for money?
At this moment no; just for payments and investments. I would love to hear more about it though. Thanks for opening up the topic.
I think those may be the only reasons for dealing in crypto. Let me stick here to learn more
I know that you can use crypto for other purposes like investments & payments but other than two? What other transactions you can use crypto as a substitute for money?
Dark web transactions
at this moment no.. also it is against the law in most country (i believe) to transact with cryptocurrencies
I use crypto mainly for sending to someone or to deposit at betting sites. I know there are some places in my country like restaurants and hotels where you can pay with crypto but I've never been there. Basically this is the cheapest way to send money to someone after Revolut 😜 But sometimes crypto fees are extremely high, especially on high volatile days and I need to wait a bit.
Hungry for knowledge 🧐
I mainly use crypto for making deposits and withdrawals on gambling sites. It’s usually more straightforward and cheaper than other payment methods, though fees can vary with market swings.
Those are the major reasons don't really know of others except maybe normal transactions of withdraw and sending of funds then maybe mining if you consider it diff.
In India government is trying to regulate it, so most people avoid transactions, as they have put heavy taxes and what not.
I can't think of anything else other than payment and investment that isn't illegal 🤣
Probably just payments at times. Crypto is being intergrated as a payment method in various sites and places.
I have only used cryptos in payments. Curious to see if it's being used in other ways.
No. I only use it for payments and investment. Is there any other way to use crypto though? I thought people used crypto for only these
Generally I use crypto for finance but on few ocassions i have used crypto for charity purpose too. Several charities accept cryptocurrency donations. It's a great way to support causes you care about.
