HACKER Q&A
📣 ArtTimeInvestor

Anybody here using blockchain for anything but store of value / trading?


I would love to hear about use cases for Bitcoin, Ethereum and other chains apart from storing or moving value around for the sake of storing or moving value around.

I mean not theoretically but real usage today.

Anybody here using blockchain for payments or proof of ownership or anything else?

  👤 foreach32 Accepted Answer ✓
Got paid in Bitcoin for a year. Living in Europe, got a client in the US. Client had Bitcoin so it was faster, cheaper and easier to get paid directly in Bitcoin.

Obviously, no landlord accepts Bitcoin yet so I had to sell a portion for EUR.

Another obvious use case: If you change the denominator from USD to the FED balance sheet, the S&P just went sideways since 2008. So did everything else.

Bitcoin for me is an inflation hedge and I have all my wealth in the digital space at the moment. Bitcoin, Ethereum and Polkadot. I am simply waiting for StartUps to build more use cases around the space so I can safely stay there until I die.

So: Payment and escaping the destruction of FIAT money by the central banks.

👤 rielychen
Hi, I think it's quite popular for crypto startups employees get paid by crypto currency, either by stablecoin like USDT, or other volatility assets like BNB (many Binance employees accept BNB as a payment for salary).

Besides that, it's also common for cross border payment, which is much cheaper and faster. Here I mean stablecoins.

👤 max_
You can use it to hedge against the next pandemic

https://as1ndu.xyz/2020/02/fighting-of-disease-pandemics-wit...

👤 patatino
Just for speculating in my case