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Maybe There’s a Use for Crypto After All
The New York Times
Helium, a wireless network powered by cryptocurrency, hints at the practical promise of decentralized services.
One of the most frequent questions asked by crypto skeptics is: What can you actually do with crypto, besides financial speculation and crimes?
It’s a tough question to answer, in part because most of the successful (and legal) uses of cryptocurrency so far have been in finance or finance-adjacent fields. There are plenty of crypto exchanges, NFT trading platforms and video games that involve buying and selling crypto tokens. But so far, not many crypto projects have had what I’d call “normie utility” — solving problems that exist for people outside the crypto world, that aren’t primarily about buying or selling digital assets and that would be impossible to solve with normal, non-crypto technology.
Recently, though, I discovered one that does.