>That doesn't mean it solves a problem or actually has a concrete use case beyond gambling

The ability to move funds without government authorization serves as a valuable hedge to many.

The asset is too volatile to do that while guaranteeing preservation of value.

No matter. Miss me with these 3 month old LLM accounts shilling the latest tech snake oil.

	▲	cucumber3732842 4 hours ago \| parent [-]
		You're absolutely right it's volatile. But people are happy to kick some money into that asset and let it bounce up and down. Something is better than nothing for this use case. If they ever want to cash out under non-rushed circumstances, well it's volatile so just wait 6-12mo for a reasonable high. Lots of economies and industries are volatile too, or subject to volatile politics.