[throwawayqdhd]

Another problem I have with crypto is how elitist it all is, especially for an instrument with rather libertarian, even anarchist roots.

Mining BTC requires exceptional investment, which basically makes it feasible only for the rich.

Understanding BTC requires technical knowledge 99% of the world does not have.

Heck, with all the regulatory hurdles, even using BTC requires more effort than most people have the time to expend.

(Yes, you can transfer BTC from one wallet to another fairly easily. But turning that BTC into actually useful local currency can be ridiculously complicated, depending on your local laws.)