The original post: /r/cryptocurrency by /u/hiorea on 2024-12-11 15:32:38.

The original post: /r/cryptocurrency by /u/stsag on 2024-12-11 15:14:21.

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AMA With Glue, The Superapp To Trade Crypto Onchain Straight From Your Credit Card, This Thursday At 5 pm UTC/12 pm EST. Giveaway Information Below!

Hello, r/cryptocurrency! 

We’re delighted to be back to announce the launch of the GLUE token presale and relaunch of our AlphaNet (testnet)! 

Since our last AMA here, the team has been cooking and released the following new updates:

Our AlphaNet (testnet) is now LIVE, with big changes including our brand new Glue Quests where users will be able to complete tasks to earn Glue Points! 

The launch of the GLUE token sale (more details below)

Our Mainnet Launch date on 1 January 2025

What’s Glue?

Glue is the crypto superapp built for everyday users, designed to bring the next 100 million users on-chain. 

Everything on Glue is 100% on-chain, meaning that you keep 100% custody of your own assets while enjoying the flexibility and fun of on-chain yield, gaming, and more!

Our Product:

🔹 The Glue Hub: A one-stop on-chain hub for trading, portfolio management, advanced analytics, and much more—all in one user-friendly interface.

🔹 Glue Blockchain: Powering the Glue Hub is our Glue chain - a substrate-based Layer 1 blockchain with 3 interconnected L2s  built to scale and enable seamless interactions across the ecosystem.

🔹 Service Layer: Built into the Glue Hub is a service layer where third-party providers can offer on-chain services like accounting, insurance, and customer support.

🔹Glue Security Fund: Our Glue Security Fund supports security developments in the ecosystem, provides free neutral ecosystem audits for top projects, and aids in the recovery of stolen funds on Glue. Unlike other blockchains which take a “hands off” approach to exploits, our GSF ensures that we have the ability to go after every bad actor on Glue and keep our users safe.

Ecosystem Partners:

Glue is collaborating with some of the biggest names in Web3: Layer Zero, Avalanche, Ether.Fi, Eigen Layer, Moodeng, Own the Doge, Venn Network, Banxa, Acurast, Messari, and more.

Our Rockstar Founders:

~Ogle~, [u/ogleFromGlue], Co-Founder, a technology entrepreneur and crypto security expert, has recovered over $450 million for 40+ crypto projects, collaborating with US Homeland Security and international law enforcement. He’s a sought-after speaker, featured at Consensus 2024 and soon at TOKEN2049.

~SnapShot~, Co-Founder, a Forbes 30 Under 30 awardee and former ad-tech executive, has driven two tech companies to over $150 million in revenue and attracted millions of users.

Together, they’ve bootstrapped Glue with $1M of their own funds, raised $1.5M in seed funding, and an additional $2.6M through crowdfunding.

What to Look Forward To:

• Alphanet Access
• Mainnet Launch on 1 January 2025
• Prominent Partnerships
• Community Events

Glue isn’t a pipe dream. After years of development, it’s ready to roll. So whether it’s about Alphanet Access, TGE, or Mainnet Launch, here’s your chance to ask the Glue Team your burning questions.

Giveaway Information:

We are offering $500 in $GLUE split between the best 15 questions asked during the AMA! The winners will be chosen based on various criteria, including the relevance and depth of the questions. The prize will be paid after the TGE.

Reward Claim Deadline: 1 January

Join the Conversation:

📅 Thursday, 12 December

🕟 5 pm UTC/ 12 pm EST

📍 r/CryptoCurrency

See you soon! 🚀

Official Links: Website | Twitter | Telegram | Medium | YouTube | Reddit

The original post: /r/cryptocurrency by /u/krakenexchange on 2024-12-11 14:36:17.

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https://preview.redd.it/s5ft6mbid86e1.jpg?width=2160&format=pjpg&auto=webp&s=2082cda209a462f7e7568a611df20d6cb432a578

Hey r/CryptoCurrency

We are excited to announce Kraken’s 12 Days of Mememas competition! Join @ krakenfx on X (Twitter) for the unboxing of each memecoin, starting Dec. 9, 2024!

• Share memes, win memecoins
• New tokens daily
• 12k USD prize pool
• Two winners split 1000USD each day

Want to take part on X? Get the full details here.

Not on X? We’re giving $500 USD in *Bitcoin to two Redditors who give us the best Christmas-themed crypto joke in the comments below.

Entry closes December 17th. Winners will receive a DM from u/krakenexchange on December 20th.

Want to take part on r/cryptocurrency? Get the full details here.

The original post: /r/cryptocurrency by /u/noviwu97 on 2024-12-11 14:35:12.

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Dilution is one helluva drug. Same marketcap, but almost 70% price differences.

This is the market cap chart from 2021. I picked 10 April because it has the same market cap as today:

https://preview.redd.it/b37e8y6db86e1.png?width=1036&format=png&auto=webp&s=9e66896afbba5ee75d33c39b26c6f30bbe17c1e3

As you see, the ALGO's market cap today is very close to that amount:

https://preview.redd.it/mcogbgnrb86e1.png?width=549&format=png&auto=webp&s=6e1cefbf4a5d84d39ef1765e21b928a2603b542d

To reach the same price as back then, ALGO needs to go up by 300%+ to 11.7B marketcap. Holders got dumped on by the ALGO foundation and VCs.

This is the same case with a lot of other VC coins from 2021 like LDO and many others. Which is why people are avoiding the new low-float high-FDV scams this cycle.

Inflation is good in moderate amount, but not this much.

The original post: /r/cryptocurrency by /u/rizzobitcoin on 2024-12-11 14:20:28.

The original post: /r/cryptocurrency by /u/InclineDumbbellPress on 2024-12-11 14:15:30.

The original post: /r/cryptocurrency by /u/kirtash93 on 2024-12-11 13:40:28.

The original post: /r/cryptocurrency by /u/Joe-M-4 on 2024-12-11 13:05:07.

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EXPERIMENT - Tracking 2024 Top Ten Cryptocurrencies – Month Eleven - Up +110%

Find the full blog post with all the tables and graphs here.

The 2024 Top Ten Experiment features BTC, ETH, USDT, BNB, SOL, XRP, ADA, AVAX, DOGE, and DOT.

SNAPSHOTS ALWAYS TAKEN ON FIRST OF THE MONTH (data below reflects 1 DECEMBER Snapshot).

tl;dr

• What's this all about? I purchased $100 of each of Top 10 Cryptos in Jan. 2018, haven't sold or traded, reporting monthly for nearly 7 years on Reddit for your reading pleasure. Did the same in 2019, 2020, 2021, 2022, 2023, and 2024. Learn more about the history and rules of the Experiments (including why I would include stablecoins) here. Learn more about the features in the 2024 Top Ten Experiment here.
• NOVEMBER Highlights: Everything was a highlight, this was a fun report to put together. XRP and ADA owned November. Top Ten Portfolio reaches an All Time High.
• YTD: DOGE dethrones BNB. Last place so far in 2024 is AVAX (+6%)
• YTD: the 2024 Top Ten portfolio shoots past S&P500 +110% to +27%. DCA'ing once a year into Top Ten Cryptos for the last 7 years --> Top Ten +366% vs S&P500's +75%.
• Update on the friendly competition between Top Ten Portfolio and total market cap token AMKT:  for the first time in two years, my Top Ten (+110%) pulls ahead of the Alongside Crypto Market Index Token (AMKT), which is YTD +88%.

Month Eleven – Up +110%

https://preview.redd.it/6myest6uw76e1.png?width=978&format=png&auto=webp&s=4429c9b5dec9a2c4313a57f73d82c225404aec51

The 2024 Top Ten Crypto Index Fund Portfolio is BTC, ETH, USDT, BNB, SOL, XRP, ADA, AVAX, DOGE, DOT.

November highlights for the 2024 Top Ten Portfolio:

• XRP and ADA have a very, very good month
• All cryptos in the positive territory YTD. DOGE rockets into first place overall, XRP is second, BTC in third. AVAX in last place
• The 2024 Top Ten Portfolio is up +100% in one month, +110% in 2024.

November Ranking and Dropouts

Here’s a look at the movement in the ranks eleven months into the 2024 Top Ten Index Fund Experiment:

https://preview.redd.it/3thsg8cww76e1.png?width=333&format=png&auto=webp&s=36233f901c12211a3a4d3a1d3f364493f49643cb

For such a busy year in crypto, not a ton of movement in the Top Ten in 2024.

November Winners and Losers

November Winners – XRP (+319%) outperformed its peers by far this month followed by ADA (+222%) and DOGE (+172%)

November Losers – Although up +13%, BNB gained the least this month.

Overall Update: DOGE flips BNB for first place.  100% of cryptos in positive territory.  AVAX in last place.

What a difference a month makes: 100% of the Top Ten are in positive territory now, up from just 60% in the green in October.

Over the last few months, DOGE (+375% YTD) has been on a tear, moving from third to first since September.  XRP’s strong November landed it in second place (+241%) followed distantly third place BTC (+117%).

Eleven months into the 2024 Experiment AVAX is now in last place, up +6% since New Year’s Day.

The initial $100 invested in first place DOGE eleven months ago is worth $475 today.

Overall return on $1,000 investment since January 1st, 2024

https://preview.redd.it/1ho0yboxw76e1.png?width=303&format=png&auto=webp&s=3a2fd12cbcc9810baf34bd65a711d004d4d572fe

The 2024 Top Ten Portfolio gained $987 in November.  The initial $1000 investment on New Year’s Day 2024 is now worth $2,100, an All Time High for the Portfolio. 

Here’s a visual summary of the progress so far:

https://preview.redd.it/39no93syw76e1.png?width=214&format=png&auto=webp&s=fcc21b9550edf8af30dfd9dda2e3c2e9c4f05aec

2024 Top Ten Portfolio vs. The Alongside Crypto Market Index Token (AMKT)

The first Top Ten Crypto Experiment was started on 1 January 2018 in an attempt to capture the gains of the entire market, similar to the “lazy” approach of the Bogleheads in traditional markets. Much has changed over the last 7 years, including the introduction of index products designed to capture the entire crypto market (instead of manually buying coins and tokens like I do for my Experiments).

Like last year, I’m running a friendly competition between The 2024 Top Ten Portfolio and The Alongside Crypto Market Index Token (AMKT).  AMKT is an ERC-20 token that represents a cap weighted index of 15 Cryptocurrencies (minus stablecoins) backed 1:1 by the underlying assets represented within the index and completely onchain.  Similar to the Boglehead Community, a Do Nothing Club has emerged encouraging a long-term “lazy” crypto investing approach.  Since the index represents approximately 95% of the value within crypto, AMKT is an excellent proxy for the entire cryptocurrency market – exactly what my Top Ten Portfolios have been trying to recreate from the start.  

Here’s the question I’ll be tracking this year: would I have been better off with $1,000 of AMKT instead of going through the effort of creating a homemade $1,000 Top Ten Index Fund?

On 1 January 2024, $1000 was equal to 7.2 AMKT.  Eleven months into the Experiment, here’s the AMKT snapshot: 

https://preview.redd.it/59ks6if0x76e1.png?width=777&format=png&auto=webp&s=f77732246c255b4b3925223c7afe33b8182d80ba

November Performances:

• The 2024 Top Ten Portfolio: +89%
• AMKT: +34%

The November monthly victory goes to: The 2024 Top Ten Portfolio

Overall since January 1st, 2024: 

• The 2024 Top Ten Portfolio: +110%
• AMKT: +88%

Overall lead: The 2024 Top Ten Portfolio

A very interesting month for indexooors.  Experiment followers may notice that this is the first month in two years that the Top Ten Portfolio has taken the overall lead from AMKT and the first month the Top Ten has held both the monthly and the overall victory columns. 

This is undoubtedly because of the outsized gainz of both ADA and XRP in November which are each purchased at an even distribution model (10% each) in my Experiment vs. the market cap weighted approach of AMKT.  As much as I’d like to flex, I predict my outperformance will be short lived, given the data from the last two years and the fact that AMKT is coming up on its quarterly rebalancing soon.

For the more visual, here’s the table I’m using to track the friendly Top Ten vs. AMKT competition this year:

https://preview.redd.it/r2z6w362x76e1.png?width=823&format=png&auto=webp&s=0de3c67df1c4c31115faf8cc387e2b1681d259ff

Combining the 2018, 2019, 2020, 2021, 2022, 2023, and 2024 Top Ten Crypto Portfolios

So, where do we stand if we combine seven years of the Top Ten Crypto Index Fund Experiments?

• 2018 Top Ten Experiment: up +79% (total value $1,789)
• 2019 Top Ten Experiment: up +756% (total value $8,559)
• 2020 Top Ten Experiment: up +999% (total value $10,994) (best performing portfolio*)*
• 2021 Top Ten Experiment: up +369% (total value $4,694)
• 2022 Top Ten Experiment: down -1% (total value $991) (worst performing portfolio*)*
• 2023 Top Ten Experiment: up +248% (total value $3,483)
• 2024 Top Ten Experiment: up +110% (total value $2,100)

Taking the seven portfolios together:

After a $7,000 total investment in the 2018, 2019, 2020, 2021, 2022, 2023, and 2024 Top Ten Cryptocurrencies, the combined portfolios are worth $32,611

That’s up +366% on the combined portfolio. The peak for the combined Top Ten Index Fund Experiment Portfolios was November 2021’s all time high of +533%.  

Special shout out to the 2022 Top Ten Portfolio, which is tantalizingly close to break even point for the first time since its inception in January of 2022.

Here’s the combined monthly ROI since I started tracking the metric in January 2020:

<https://preview.redd.it/wiazfe93x76e1.png?width=1074&forma=...

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Content cut off. Read original on https://old.reddit.com/r/CryptoCurrency/comments/1hbt0if/i_bought_1k_of_the_top_10_cryptos_on_january_1st/

The original post: /r/cryptocurrency by /u/Silver-Maximum9190 on 2024-12-11 12:32:03.

The original post: /r/cryptocurrency by /u/Extreme_Nectarine_29 on 2024-12-11 12:12:40.

The original post: /r/cryptocurrency by /u/hiorea on 2024-12-11 09:10:59.

The original post: /r/cryptocurrency by /u/GabeSter on 2024-12-11 01:15:44.

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An Alt to BTC pair tells how a crypto asset is performing against BTC over a period of time. Perhaps the most famous alt to btc pair is ETH to BTC and although ETH is up in USD it has never hit a new ATH against BTC.

https://preview.redd.it/eyhhd1wf946e1.png?width=1208&format=png&auto=webp&s=0bc377c08596648b802ac69b4ef20f8684f55c87

In fact if you purchased ETH during the ETH to BTC ATH on June 11th 2017 you'd be up ~11X in USD on your investment. But had you bought BTC instead you'd be up over 33x...

https://preview.redd.it/gh4hhi9y946e1.png?width=1671&format=png&auto=webp&s=0ceff32260d5b66321b634b363200a89a90a28a1

The fact is almost every single alt will be outperformed by BTC over time and although a few alts may break that trend especially in the short term. Holding alts through multiple cycles is risky at best and foolish at worst.

If we look at the top 100 Alts from 2021, not a single alt from the top 100 in 2021 has managed to break it's 2021 or 2022 ATH against BTC.

https://web.archive.org/web/20211123023737/https://www.coingecko.com/en

Now you're probably thinking one of the following. So I'll preemptively address them.

• "Alt season is just getting started this isn't a fair comparison"
• "Ya But I'm up in USD on my investment"
• "I don't want to trade because taxes are complicated"
• "It's safer to hold and your grandchildren will thank you"
• "Stop trying to get people to sell"
• "I'm not a trader I make a plan and stick to it"
• "You're a trashy BTC Maxi"

So let's break these down one by one.

* "Alt Season is just getting started"

BTC Dominance has definitely fallen but if you're gambling on future gains you have to first accept it's a gamble, and the current break down could be the farthest that it goes. If you have gains it's not a bad thing to realize gains.

* "Ya but I'm up in USD on my investment"

If that's you, you either purchased a long time ago in a bear market and held through a bull market, and a bear market - and you would most likely be up even more if you just purchased BTC. Alternatively you are a new purchaser and you got some nice gains on the breakdown of BTC dominance.

If you held your ALT from 2021 to today you are guaranteed to be down significantly compared to just holding BTC.

* "I don't want to trade because taxes are complicated"

Ya Taxes are complicated but that only matters if you're in profit. If you hold your alt to the top and back down because "you're a long term holder", you are simply making bad investment decisions.

* "It's safer to hold and your grandchildren will thank you"

Please STOP with this nonsense, Long term nearly every Crypto asset will not only bleed value against BTC but also bleed value in USD. Don't believe me check the top 100 crypto assets in 2017, 2021, and 2024 and count how many assets from 2017 are still in the top 100 today.

* "Stop trying to get people to sell"

I'm not trying to get people to sell, I'm trying to get people to stop with the the nonsense where they demonize selling. You can hold your alt of your choice just don't reinforce the mindless selling alts is bad philosophy.

* "I'm not a trader I make a plan and stick to it"

It's always good to stick to a plan in investments and to think rationally but if your plan is to hold your alt for the next ten years, just buy BTC instead.

* "You're a trashy BTC Maxi"

I'm not a BTC Maxi I wouldn't have 98% of my crypto investments in rCC Moons if I was a BTC maxi.

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Another not so Fun Fact only two of the top 30 crypto assets in 2021 have hit a new USD ATH since... Solana and Tron... but both are still down compared to their 2021 ALT to BTC ATHs.

The original post: /r/cryptocurrency by /u/KIG45 on 2024-12-10 14:21:04.

The original post: /r/cryptocurrency by /u/Extreme_Nectarine_29 on 2024-12-10 14:06:50.

The original post: /r/cryptocurrency by /u/Extreme_Nectarine_29 on 2024-12-10 12:33:39.

The original post: /r/cryptocurrency by /u/InclineDumbbellPress on 2024-12-10 12:19:13.

The original post: /r/cryptocurrency by /u/TibialCuriosity on 2024-12-10 11:20:39.

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Thought the sub might be interested in this. Announcement video can be found on their twitter (linking results in removal of post for potential spam)

LTO was strongly supported by this subreddit a few years ago. I think the some of the sentiment became that they didn't accomplish anything, but the team looks to still be hard at work and releasing new features. Also announced a partnership with a famous Dutch artist Klibansky to celebrate the launch of the wallet.

Coming soon to android just waiting for Google to finalise

More information below on what LTO has been working on (and to fill the character limit)

Ownables: Development of a system for digital collectibles with features like private and unlockable content, dynamic and consumable content. Introduction of mini-applications within Ownables for enhanced functionality.

RWA (Real World Assets) Roadmap: LTO Network is developing the world's most advanced ecosystem for Real World Assets, focusing on decentralized ownership for real-world assets in the digital space.

Universal Wallet: Development of version 1.0 of the Universal Wallet, aimed at providing similar functionality to the existing web wallet but with advanced features like decentralized messaging and smart contract widgets.

Proofi: A software solution for KYC and AML compliance in Web3.0 environments, ensuring data privacy while allowing cross-chain data availability via ChainLink.

GoLand Registry: Development of a land registry system integrating blockchain technology, with focuses on: A new user interface. A demo app to showcase integration possibilities. Potential deployment on Amazon Web Services.

Hybrid Blockchain Projects: Utilizing LTO's hybrid blockchain technology for projects that require both public transparency and private data handling, such as collaboration with IBM Watson and the ISO for standardizing blockchain technology.

Event Chains and Private Layer Developments: Continuing to develop the private layer with event chains for secure, efficient inter-party process automation, ensuring GDPR compliance.

The original post: /r/cryptocurrency by /u/the_far_yard on 2024-12-10 08:54:59.

The original post: /r/cryptocurrency by /u/4inalfantasy on 2024-12-10 08:21:31.

The original post: /r/cryptocurrency by /u/tawhuac on 2024-12-09 22:58:04.

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I am serious. I don't get it. i am a bit naive though when it comes to understand how markets work.

So you have some position in some coin. It doesn't matter which one. Some fat whale dumps a big pile, initiating the price to go down.

All of a sudden, people start selling in panic, causing a spiralling price free fall.

I don't understand why people do that. Why sell your position when the price is obviously not favorable? Why not just wait it out?

The only reason I could think of is that they are somehow forced to sell. But that only makes sense if you

• don't think the market wil recover anymore and will loose it all. This seems the least plausible explanation.
• can't wait it out (you need your money short term). Are really so many people short-termed?
• have pending loans with contracts getting auto-liquidated. They borrowed at some point and their loans are timing out just when the downturn starts. While this seems to be the most plausible reason - are there really so many investors doing this trading thing? I would guess a lot more are just holders. Just like with conventional bank accounts. Most people just hold money there. Only a few actually trade, loan, invest etc. If this analysis holds then how can the few traders which are having their terms liquidated cause the price to fall that much, if the others aren't doing anything?

I guess something in this analysis must be wrong, or this wouldn't be happening every time.

The original post: /r/cryptocurrency by /u/Slow-Information4751 on 2024-12-10 07:36:42.

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Current cryptographic protocols in blockchain, for example like RSA and elliptic curve cryptography, render to attacks by quantum computers, where efficient algorithms like Shor’s can break these systems in seconds. As these developments in quantum computing continue the vulnerabilities will directly compromise the security of blockchain technologies, which require underlying cryptographic security. NCOG is working on a post-quantum blockchain for the solution of the quantum computing problem.

The problem is however key categories like the digital signature scheme and hash function are currently suffering threats from quantum computers. As quantum computers advance post-quantum cryptography (PQC) is about determining new cryptographic algorithms that are quantum attacks resistant to assure the security of blockchain networks. This is the work that is needed to keep trust in blockchain to make it stick around.

Post Quantum blockchain has the potential to put NCOG on the leading edge of next-generation blockchain technology and a low it to be an innovator and participant with academic institutions and industry leaders in developing quantum-resistant solutions. A post-quantum blockchain could also develop to help secure the nation and the world in that sensitive data, and transactions, as quantum computers are ascending in ability.

NCOG’s post-quantum blockchain work is an advanced reaction to shield blockchain technology against the threats of the future of quantum computing thereby preserving its reliability and trustworthiness for ongoing use in critical sectors. The primary mission of NCOG is to develop and maintain a secure, efficient, and sustainable blockchain platform that significantly reduces its carbon footprint. It aims to set new standards in the blockchain industry by incorporating renewable energy and fostering community engagement. With advanced offerings like the NCOG Browser, hardware wallet, decentralized AI, and a blockchain-based carbon credit registry, NCOG sets a new standard in eco-friendly blockchain technology.

The original post: /r/cryptocurrency by /u/OnionHeaded on 2024-12-10 06:47:29.

The original post: /r/cryptocurrency by /u/myheadsexplodin on 2024-12-10 06:42:14.

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So I’ve been in crypto last bull and didn’t exit out properly. RIP. Therefore this time I’m determined to plan a ladder out sell strategy. I made an excel spreadsheet that gives me sell levels based on my target price. Will be selling at 7 levels as follows:

For example, if my sell target for ADA is $4

1st Sell level - sell 5% of bag at 55% of target price (2.20)

2nd Sell level - sell 15% of bag at 75% of target price (3.00)

3rd Sell level - sell 20% of bag at 90% of target price (3.60)

4th Sell level - sell 20% of bag at 100% of target price (4.00)

5th Sell level - sell 20% of bag at 105% of target price (4.20)

6th Sell level - sell 15% of bag at 115% of target price (4.60)

7th Sell level - sell 5% of bag at 170% of target price (6.80) - MOONSHOT

What do you guys think of this strategy? Would you change any of the allocations? The other way I was thinking of doing it was sell (5%, 15%, 15%, 15%, 15%, 15%, 20%) in that order for the sell levels. A little more risky.

The original post: /r/cryptocurrency by /u/madrid987 on 2024-12-10 06:36:22.

The original post: /r/cryptocurrency by /u/howevertheory98968 on 2024-12-10 06:05:00.

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I posted this in another thread in another subreddit.

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The problem with this is every time you spend, it's taxable. That's annoying. This is the red flag with crypto.

People are not going to keep track of 100 purchases for food with anything so they can spend all day doing taxes because they bought lunch with Litecoin.

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For all the greatness of it, having to keep track of everything you buy for tax season is a deal breaker. For likely everyone. I'm sure there will be an app that does this for you, but still. What a pain.

Imagine EVERYTHING YOU BUY has to be shared at tax time. Yeah right. Those people who buy lunch every day, that's like 200 purchases a year at least. Plus groceries, rent, books, whatever. No way are people going to keep track of that. It's literally not going to happen.

It has nothing to do with them being too unsteady to be a currency (hey guys my currency is up 80% this year) even though that's another reason it won't be a currency. It's simply because of taxes.

I haven't even sold any, ever, because I do not want to do the taxes, and because I am unsure how to even find my cost basis for something I bought on Binance US 5 years ago. The app sure doesn't tell me.

I cannot even imagine using it every day and declaring that for taxes.

Oh, and it's slow. Except Litecoin and I'm sure some new ones. Bitcoin is slow. Ethereum is expensive. Nope. Nope. Nope. Can I have my sandwich soon? As soon as your BTC transfers. In 15 minutes.

Disclaimer: I'm bullish on crypto in general. But this is entirely distinct from it being a form of money.

Disclaimer 2: I'm an entrepreneur who makes his entire living online, and I really want to accept crypto, but I cannot think of a reason that it would be better than money. That has literally no reason to be used instead of money other than trendy factor and "promoting adoption." More like annoying record keeping.

Got paid $4000 in BTC and then BTC fell 50%? Now you owe taxes on a $4000 but you only have $2000 to pay it with.

The solution is to cash out immediately. So then why even get paid in crypto?

There's no ease of use.