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Cryptocurrencies are for speculators, criminals, and cosplayers. Other than that they’re useless.

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Cryptocurrencies are for speculators, criminals and cosplayers. Aside from that, they’re useless, and I’m tired of everyone trying to pretend otherwise.

I have waited for years for someone to explain to me a decent use case for cryptocurrencies. But throughout the recent fervor over crypto with its huge price boom and subsequent bust, I’ve yet to hear one.

I understand it as a fun speculative asset if you have money to burn and a tolerance for stomach-churning volatility. But you need to understand that it is neither an inflation hedge (as it has demonstrated over details ⇒

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