Real life utility question

[fvb]

Is crypto now more than a speculative asset or just the same old thing based on hypes only because it seems like real life use case is far from crypto, we want it to happen for real but it's really not happening, what is stopping this from happening already.

Most people have been using these technologies for a long time. For example, it is more convenient for me to keep my assets in cryptocurrency, but it is fraught with risks, but I trust the traditional currency even less. This is not beneficial for many structures, so the spread to the masses is slow.

[kurniawan05]

Blockchain technology is a technology that is newly recognized by the public, it takes time for people to get used to the use of cryptocurrencies, an example of using cryptocurrencies in the real world is when Venezuela officially recognizes the use of bitcoin in their country, this may trigger other countries to implement the same thing. The same applies to other blockchain technologies.

[perfect999]

we see from the development of the crypto world, it is growing very fast and well.
every day there are always new projects that have interesting concepts and offer convenience that solves existing problems.
Crypto is currently a great digital asset. not as you say speculative assets.
or growing because of the hype.
I think your insight about crypto should learn more.
out there are already using crypto in real life, be it as a means of transaction or otherwise.
crypto is very helpful in the real world depending on how we use it.

As long as we are open to learning more about the crypto world, there are new innovations going around every single day and we would be doing a lot better in the long run. Doesn't mean that we shouldn't be doing anything right now, of course we could both keep on learning and also invest at the same time.

However, we should be careful about what we invest and if we learn a reason why we should divest then we shouldn't stay there for too long and get out. I personally invested into SOL back in the day, about half a year ago, and divested about a few months ago when I saw how centralized it became and that scared me the most.

[the ghabbar]

Is crypto now more than a speculative asset or just the same old thing based on hypes only because it seems like real life use case is far from crypto, we want it to happen for real but it's really not happening, what is stopping this from happening already.

Depending on how you use it, many people don't have knowledge when it comes to joining crypto, so they take the wrong steps in making decisions, indeed crypto has a speculative level and is real based on hype, but what needs to be known is how you make this crypto into something useful for you use it, because crypto is actually a tool to start investing

[deean_3one]

Crypto in my country cannot yet be used as a medium of exchange. In the real world crypto users still use it secretly. A lot of people don't know yet. Even many look one eye towards those who play crypto.

[LUCKMCFLY]

Is crypto now more than a speculative asset or just the same old thing based on hypes only because it seems like real life use case is far from crypto, we want it to happen for real but it's really not happening, what is stopping this from happening already.

I think that real life is not far from cryptocurrencies, the use of BTC is not far because it is already being adopted, I don't know if you have read some news, but there are many countries that are putting out their regulation projects to accept cryptocurrencies, and this it is just an excuse to start trading and investing with cryptocurrencies and with BTC.

You don't have to watch the news to realize that things are going the other way, when you see telegram channels and social networks, everything related to BTC and cryptocurrencies sounds a lot. Everything goes in that direction.

[Blowon]

Everything needs a process, what we are seeing right now is indeed the basis of cryptocurrencies full of speculation like assets that are only taken for material benefits without any other benefits, but from time to time cryptocurrencies are starting to be known to the public until they are also known by governments in various countries. Bitcoin and other coins are accepted under the regulations of their country.
Although most countries still don't fully accept it, like they only allow cryptocurrency as a commodity asset, but it is enough to be used as a real proof of investment, if you want to see cryptocurrency it seems you have to see how blockchain technology is used in many companies in the financial sector.