I think I found an actual legitimate, real use of crypto, albeit a small one: A way for an adult to give a gift to a minor. Here in the US it used to be possible to buy "savings bonds" printed on paper. These were very common for gift giving on special life occasions: they matured (were usable) after e.g. 7 years.
But now in the modern era, I couldn't find those or a way to create a long-term savings account for a minor.
But I was able to create a crypto wallet with a small portfolio of Bitcoin and Eth. It was easy to give to her and her family: just tell them the secret 12 words and explain how to install a crypto wallet.
But now in the modern era, I couldn't find those or a way to create a long-term savings account for a minor.
But I was able to create a crypto wallet with a small portfolio of Bitcoin and Eth. It was easy to give to her and her family: just tell them the secret 12 words and explain how to install a crypto wallet.