Is all crypto essentially digital beanie babies?
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Imported from Reddit r/CryptoCurrency. Filed by the system importer, not a fake user. Original post: https://www.reddit.com/r/CryptoCurrency/comments/1xvxmxf/is_all_crypto_essentially_digital_beanie_babies/ From the original post: Every use case I have ever heard for crypto is essentially collect and hold until it has more value than you bought for and then maybe sell or hold and hope the value goes up more. It doesn't function as a currency because nobody wants to wait 20 mins for confirmation of payment for things or to have to talk someone into downloading an app so that way they'll be able to transact. Also it doesn't function because nobody wants to end up paying $300 million for a pizza or whatever the story is. It
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