Comment by backscratches
19 days ago
The fact that people around the world are trading hundreds of billions of dollars of stable coins [1], with India, Pakistan, the Philippines and Brazil in the top five countries [2], not least of all for the purpose of "greater monetary stability" [3], I think points toward the revolutionary usefulness of its inherently non-speculative properties (as referenced in positive applications of crypto in above comments).
It really has been a shitshow of get rich schemes, and yet crypto keeps not dying, instead increasingly getting applied to extremely valuable real world every day use cases, which I think is evidence of the value of the inherent technology.
[1]https://defillama.com/stablecoins [2]https://www.trmlabs.com/reports-and-whitepapers/2025-crypto-... [3]https://www.goldmansachs.com/what-we-do/goldman-sachs-global...
The greed has ruined it, and the greed and desperation to get rich at all costs keeps it alive.
My point is that despite the incredible greed and desperation it not only doesn't die, its practical uses are growing. The numbers say that the actual value exceeds the grift.