having trouble understanding, if these coins really did have

>>2369848
>SPENDING UR CRYTPO OUTSIDE OF BUYING OTHER CRYP HAAA

Man you just buy and hold hoping to make money wouldn't advise to day trade but you do you. The idea of having a currency in the cloud you can use anywhere is gucci but it's just blockchain tech you are investing in honestly.

Our current system is an inflationary system. We believe it stimulates people to spend money, and to "grow the economy". This has lead to growth culture, consumer culture (everything's disposable and you need to keep buying it) and our present environmental crisis.

In a deflationary system (the one backed by deflationary cryptocurrencies) the rational move is to spend as little money as possible.

How will this work? You'll buy things that are high quality. You'll buy things that last forever. The products that will be on the market will be of higher quality, and greater utility -- you'll still need a vehicle, won't you? A home? A washing machine?

We'll switch from a consumption society to a conservation society.

Cryptocurrency will save the world, anon.

>>2369883
but for what purpose would i need to spend 30 digibyte to buy a plot of land in minecraft

>>2369848
Most are speculative at the moment, assuming that blockchain tech will be widely accepted in the near term. Some have a potential of real world value. sia and golem For example. If there's enough demand for their service, people will trade really money for tokens to use their networks, causing the price to rise.

>>2369848
>savings accounts destroy job economy

>>2369848

You hold X amount of crypto as savings, this is the amount you're willing to risk to the fluctuations of the market. You want to spend crypto too, so you put extra Y amount of fiat into crypto, with the intention that Y is to be used for spending, and X is your investment.

>>2369883
Fuck that's what I've been gleaning from this shit. Never known a system where the price you paid for something 10 years ago would make you fucking ill 10 years later.

e.g., I bought a taco for 1btc 10 years ago, and now that btc is 2800 fucking dollars. That is one god damn expensive fucking taco!

All I've ever know is, "Tacos weren't really around back then, but you could get a burger, shake, and movie tix for a quarter"

Nowadays? God damn, burger, shake, and movie tix is like 0.02BTC!

Only coins worth anything are btc and sia

>>2370023

>Only coins worth anything are the coins that I am currently holding this week.