> when is it going to deliver on its first actually useful to humanity milestone
Technologically speaking, most cryptocurrencies are utterly useless. Bitcoin included. There are some good projects though.
Monero, for example. It allows people to transact without anybody knowing anything about the details of the transaction. Where the money came from, where it's going, how much money was moved. Everything is obfuscated. Block chain analysis is at the very least hard and inconclusive, if not impossible. So it essentially works like digital cash.
This is an invaluable achievement that allows people to reclaim their financial privacy in a world where governments think it's acceptable to surveil everyone.
Technologically speaking, most cryptocurrencies are utterly useless. Bitcoin included. There are some good projects though.
Monero, for example. It allows people to transact without anybody knowing anything about the details of the transaction. Where the money came from, where it's going, how much money was moved. Everything is obfuscated. Block chain analysis is at the very least hard and inconclusive, if not impossible. So it essentially works like digital cash.
This is an invaluable achievement that allows people to reclaim their financial privacy in a world where governments think it's acceptable to surveil everyone.