You can buy drugs and other illegal things off the internet (tor), that's very useful for some people. Basically crypto allows for transactions that could otherwise be blocked or easily tracked by central parties (1). It can also be used to bypass gambling laws.
For legal purchases and activities crypto is useless, regular money is much more practical.
[1] depending on which crypto and how it's used tracking is possible, so care is required (especially) when converting dollars to crypto.
> You can buy drugs and other illegal things off the internet (tor)
Can you? After that huge bust a few years back, I figured that particular usage was marginal at this point. Seems like the only use for crypto is ransomware, dodging taxes or smuggling embezzled money out of your country.
Yeah, there are still plenty of drugs on the darkweb. Busting a few dealers doesn't eliminate demand, and in-person dealers don't have a "reviews" page for their products and behavior.
For legal purchases and activities crypto is useless, regular money is much more practical.
[1] depending on which crypto and how it's used tracking is possible, so care is required (especially) when converting dollars to crypto.