Topic: What is crypto? (Read 146 times)
Even that simple question is difficult to answer, eg. some people would argue that Ripple is not crypto but other say yes. So crypto does not have a precise definition at this moment.
I think there is no way for cryptocurrency to replace cash. Not in a near future at least. Think about it: how can it fully replace cash if there is still people who don't need it and who don't want to use it. And maybe just don't know about it. And amout of these people are not decreasing really fast. And there will always be some sort of people who definitely won't accept it because of their principes or something.
Does cryptocurrency worth something? I don't mean money equivalent. I mean is it useful? Most part of people here joined this just because they want money. Most part of operations with crypto is being done for getting money. Most part of every activity with crypto is only for getting money. Fiat money of course. And if crypto is just another way to earn fiat money then does it worth something? Most ICOs are offer something new. But mostly it's something new in crypto technology. To make it more efficient and handy. To earn more money. Does crypto brings something useful and really worthful for the ordinary life?
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