First it was a payment method, now the fees are too high. Then it was a store of value, but it is too volatile for people who want a safe storage. It's also not private, as appare tly payments can be traced back to their user.
So, what's left? I know you can still make money with it if you joined earlier and you're lucky. Same with a MLM, but at least those don't waste so much energy nor ruin the GPU markets.
- Instant loans without paperwork or credit agencies, algorithmically collateralized
- Micropayments to websites you visit rather than ads
- Electronic payments that can remain private if participants are smart. Much better privacy protections than electronic payment options like Visa/Paypal.
- Truly democratic governance protocols in which important decisions can be voted on in real-time by participants with skin in the game.
- The ability for a code itself, not associated with a human, to earn and hold money.
- Algorithmically enforced contracts that are more resilient to bribes and other forms of subversion compared to traditional court systems.
So, what's left? I know you can still make money with it if you joined earlier and you're lucky. Same with a MLM, but at least those don't waste so much energy nor ruin the GPU markets.