[stordoff]

> From our perspective yes, Crytpo's use case as currency make absolutely no sense (yet), we tap our Visa card to pay instantly with no fees and no fraud liability, hard to beat.

Fees that are absorbed by the merchant, so not an entirely fair comparison. Still, I agree that the fees make the use cases for cryptocurrenies very limited personally. Right now, I can pay a fee to a third-party (CC fees in the form of slightly higher priced goods) BUT that third-party takes on a significant part of the liability (e.g. for goods not provided), and I can transfer money to a trusted (or untrusted providing I am OK with the risk) party in the same country for ZERO fees via my bank. For those use cases, using most cryptocurrenies would be strictly worse (I either give up the fraud protection or I am paying an unnecessary fee).

The only case where it makes sense is for international transfers, which typically do have higher bank fees, but personally they are so rare (I've used it once in the past decade) that they are barely worth considering for my personal use cases.