While fears surround the crypto market because of how big projects and firms file bankruptcy one after the other, community members continue to remind the world of the best use cases for cryptocurrency.
Бир коомчулуктун мүчөсү баса the use of stablecoins like Tether (USDT) as payment methods while pointing out that other cryptocurrencies can be used as investment tools. On the other hand, another response тарбияланган the transparency that crypto brings. Apart from these, one answer also көтөрүлгөн the concept of saving, spending and self-custody, which recently became more talked about since the FTX collapse.
Meanwhile, another answer жазган the best use case is still how crypto provides a decentralized, peer-to-peer transaction mechanism that eliminates middlemen like banks and allows the bankless to have access to a financial instrument.
Contrary to some answers, a community member мындай деп жооп берди: that the crypto space should target everyday utility. According to the Twitter user, борборлоштурулган каржылоо (DeFi), nonfungible tokens (NFTs) and trading might not move crypto adoption forward to the rest of the world. The community member pointed out that it’s time for the crypto ecosystem to upgrade its utility.
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Another Twitter user echoed the previous sentiments by highlighting that payments still remain the best use cases of crypto. The community member also pointed out the possibility of Dogecoin (Бомж) being implemented on Twitter as a means of payment within the social platform.
Amid the downturn of crypto markets, many community members believe that Bitcoin (BTC) жана crypto are here to stay. Some argue that the current FTX crisis is only a black swan event, while others reaffirmed their undying faith in crypto.
Source: https://cointelegraph.com/news/what-is-the-best-crypto-use-case-community-answers