[CyanBird]

> One IMO realistic use-case is providing a wealth preservation

Any other fiat currency already provides this such as usd, euro, Israeli currency etc and they are at least currently far easier to aquire and done have any gas feeds other than consumption tax if any

On Lebanon where electricity is unreliable seems like a particularly bad idea to use any sort of Crypto, let alone the user friction as a consequence of network gas prices

On real world scenarios, if a country is having issues relating to inflation or is a small market to begin with, consumer prices are denominated on Usd or some other currency anyway

[CTDOCodebases]

True but opening foreign bank accounts is difficult and like western countries physical cash can be legally seized by authorities even if it was acquired legally.

[floatboth]

Cryptocurrencies can also be legally seized. Anything can be.

[BTCOG]

This is only if the end user allows seizure. If I have only a 12-word seed in my memory and not a single private key written down anywhere in my house and no bitcoin wallet installed on any computer, you have absolutely no way of confiscating anything. It's something that a lot of outsiders do not even realize. Bitcoin is actually entirely un-confiscatable. If someone commits private keys to memory or entirely encrypts and off-sites private keys, exactly how can the money be confiscated? It cannot be confiscated. Any human in the world can move freely about the globe at this point in time with billions of asset value solely residing inside their brain. Import that memory into any mobile or desktop client wallet anywhere in the world, or recite the key secretly to someone else they trust anywhere in the world.

[CTDOCodebases]

True. But cryptocurrency gives people the option to resist seizure and suffer the consequences.