[kkarakk]

who enforces the value of crypto really though? what if china just one day starts enforcing a law where to run any mining you have to have an official license(that only state actors get). everyone else gets raided and shutdown. it's easy to see where professional mining rigs are for power companies due to their power consumption.

when is crypto TRULY going to be decentralized and not just limited to agents with immense mining power and exchange? what's the difference in crypto for the end user right now in non-first-world countries is what I want to know.

There is no easy way to convert existing assets into crypto without a framework nor to mine a economically significant chunk of crypto without an economically significant investment.

creating a wallet is easy sure but where do I find someone who can transmit value into my wallet so I can start transacting? there is a lack of an element of "bootstrapping" in crypto for the vast majority of users.

[jstanley]

> when is crypto TRULY going to be decentralized and not just limited to agents with immense mining power and exchange?

You don't need to mine in order to use bitcoin.

> There is no easy way to convert existing assets into crypto without a framework

You can buy bitcoin at numerous places, or ask for it in payment.

> where do I find someone who can transmit value into my wallet so I can start transacting?

The same place you find someone who can transmit value into your bank account. Employers, customers, family and friends.