there is no utility. in fact, as a currency, it has negative utility because its value fluctuates so aggressively.   so far, all so called "privacy coins" have been defeated by the fbi and cia when put to the test.   the middle man is all the exchanges and miners, etc. which can be shut off at the flick of a switch. all transactions are monitored.  > do you have any other ways to have trust less peer to peer cash? just because unicorns don't exist doesn't mean your horse with a horn taped to its head is a unicorn. hopeful wishing is not a good investment strategy.   > is there a capped supply of tulips? neither tulips nor cryptos have a capped supply. bitcoin has lost 50% of market share and its in decline.  > how hard is it to create new tulips? relatively hard, since only quality tulips are valuable. and different varieties of tulips have different value. just like cryptos. > can you 100% trust that every tulip is a tulip? yes, any tulip bulb can be inspected to determine if it's a tulip bulb. > how long will a tulip last in storage? longer than you will ever keep it, probably. > can you store and transfer your tulip digitally? ecommerce. also, what do you think digital storage and transfer is? do you think "digital" is somewhere in the ether? digital just means you have a physical storage device, it means you have a physical infrastructure to connect and exchange through. it means all the middle men that make your cryptocoin market possible is controlled by a handful of people and can be switched off at any moment, without your consent and no recourse.
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