[nuerow]

> Crypto currencies (or atleast DeFI) is trying to solve a pretty pragmatic problem: There is 1.7B unbanked people in the world and banking services are outdated and unavailable for large portion of humankind.

This take is quite plainly absurd. If anyone has enough access to a working internet connection to make crypto transactions possible, they already meet all the requirements to perform transactions through any other service such as PayPal or even any bank at all.

[toper-centage]

I'm not sure if you're just being naive, but there are lots of people deemed "unbankable", e.g. Imigrants and refugees. And in the coming years, the number of people with that position will only raise. It's 2021, most people in the world have access to a cheap phone and celular, but might not have the same right to certain services that you enjoy...

[pieterhg]

You forget that people in many/most third world countries don't have access to PayPal or even banking