I only realised today that many crypto bros are basing their beliefs on the idea that near-instant and low cost electronic currency transfers are impossible using the regular banking system. So basically… we’re all having to suffer because the US banking system is antiquated. They have not grasped that for the vast majority of the world crypto is a nothingburger because its sole value proposition is only really of interest to drug traffickers and a few enthusiasts. Huh..
@m unfortunately there is not a global solution. Some jurisdictions having good local solutions and some having terrible ones is still a problem, and one that desperately needs solving for many people (but not everyone).
Cryptocurrency had promise to be that global solution, but the corruption and unanticipated costs (of several kinds) hobbled it.
