Re:I am often asked if I will “return to cryptocurrency”
by CryptoPunk on Thursday July 15, 2021 @09:09PM
(#27852032)
* Buying products/services anonymously, if you don't want to have your personally identifying information, like your credit card details, leaked one day when the website you purchased from is hacked.
* Making payments to parties underserved by banks, whether it's legal cannabis dispensaries, or Wikileaks when the credit card companies blockaded them.
* Triggering financial exchanges, without the friction (and risk of PII theft associated with the identity-based accounts that centralized custodians use) of signing up to a traditional online brokerage or exchange, via crypto transfers to self-executing smart contracts like decentralized exchanges.
* Making payments to parties underserved by banks, whether it's legal cannabis dispensaries, or Wikileaks when the credit card companies blockaded them.
* Triggering financial exchanges, without the friction (and risk of PII theft associated with the identity-based accounts that centralized custodians use) of signing up to a traditional online brokerage or exchange, via crypto transfers to self-executing smart contracts like decentralized exchanges.