Do you actually use your coins?

[chocopapaya]

I'm quite new to crypto but I've already realized a glaring hole in the altcoin world that I believe is exacerbating the bubble economy:

No one seems to be actually using their coins.

I think one of the first problems is a surprising amount of these "promising" coins have no use for their coins yet because the company doesn't have any working platform or product.  Or for established coins like ethereum and ripple, their platforms offer a lot but the coin themselves seem to have little use.

I remember being incredibly excited the first time I bought a real life service with bitcoin.  All of these other ones it seems I can't do much with them except wait and hope or glue my eyes to coinmarketcap to see when I can sell for profit.  I've tried to shift into investing in coins that I believe will have a great real world use in the future to kind of give meaning to all of this if that makes sense.

So I'm wondering, are there any coins out there that people find to be actually useful?

[tukangkopi]

I'm quite new to crypto but I've already realized a glaring hole in the altcoin world that I believe is exacerbating the bubble economy:

No one seems to be actually using their coins.

I think one of the first problems is a surprising amount of these "promising" coins have no use for their coins yet because the company doesn't have any working platform or product.  Or for established coins like ethereum and ripple, their platforms offer a lot but the coin themselves seem to have little use.

I remember being incredibly excited the first time I bought a real life service with bitcoin.  All of these other ones it seems I can't do much with them except wait and hope or glue my eyes to coinmarketcap to see when I can sell for profit.  I've tried to shift into investing in coins that I believe will have a great real world use in the future to kind of give meaning to all of this if that makes sense.

So I'm wondering, are there any coins out there that people find to be actually useful?

no, i just use btc and eth apart from those two coins i do not use it because most useful coin projects do not run it in my country so what can i make.

[Maveth13]

It sucks to say but you're right. Most of the coins today are just being used by almost everyone for trading purposes, not for what they're actually made for. The only coins I am aware of that are being used for its purpose are coins made for gambling. I myself only use bitcoins as an actual currency and buy stuff with it.

[bathrobehero]

I'm quite new to crypto but I've already realized a glaring hole in the altcoin world that I believe is exacerbating the bubble economy:

No one seems to be actually using their coins.

I think one of the first problems is a surprising amount of these "promising" coins have no use for their coins yet because the company doesn't have any working platform or product.  Or for established coins like ethereum and ripple, their platforms offer a lot but the coin themselves seem to have little use.

I remember being incredibly excited the first time I bought a real life service with bitcoin.  All of these other ones it seems I can't do much with them except wait and hope or glue my eyes to coinmarketcap to see when I can sell for profit.  I've tried to shift into investing in coins that I believe will have a great real world use in the future to kind of give meaning to all of this if that makes sense.

So I'm wondering, are there any coins out there that people find to be actually useful?

I mean I spend BTC wherever I can I still can't buy many things with it. So if BTC is that far from widespread adoption, it's not much of a surprise that altcoins are in an even worse position.

But many altcoins don't even have the opportunity of widespread adoption.


For example, if there's a company behind an altcoin it's already crippled as it has to bend to the will of the country their company is registered in. So it will never be used for purchases worldwide because people would have to trust that country not take measures killing it anytime they wanted to.

[100%succes]

I'm quite new to crypto but I've already realized a glaring hole in the altcoin world that I believe is exacerbating the bubble economy:

No one seems to be actually using their coins.

I think one of the first problems is a surprising amount of these "promising" coins have no use for their coins yet because the company doesn't have any working platform or product.  Or for established coins like ethereum and ripple, their platforms offer a lot but the coin themselves seem to have little use.

I remember being incredibly excited the first time I bought a real life service with bitcoin.  All of these other ones it seems I can't do much with them except wait and hope or glue my eyes to coinmarketcap to see when I can sell for profit.  I've tried to shift into investing in coins that I believe will have a great real world use in the future to kind of give meaning to all of this if that makes sense.

So I'm wondering, are there any coins out there that people find to be actually useful?

after I think the coin here is widely used for trading can not be used for transaction tools in my country, because my country has not acknowledged the existence of bitcoin currency.