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Crypto has allowed citizens to circumvent oppressive and corrupt government financial abuse, as well as provided much cheaper, faster, more reliable and convenient means of transferring small - yet, life-changing - amounts of money cross-border. An example of the latter: A worker in one country sending half of her weekly paycheck back to her family overseas has two options presently: days of waiting (which means no food on the table for those days), uncertainty it will arrive at all (starvation, stress and pressure toward crime), and exorbitant fees taking anywhere from 15% - 50% of what she sends (shamelessly robbing the most vulnerable). By using the correct crypto alternatives, she can send the full amount, at a cost of fractions of a percent, and know with certainty if it has arrived - in seconds. There is a reason crypto adoption is huge in poor and oppressed countries such as Venezuela, parts of Mexico etc. There are other benefits, but this should be enough. Nothing else has been able to, nor likely could be able to have such an impact in any short space of time in these areas, and not without possessing many of precisely the same core principles shared by most crypto projects. This doesn't mean crypto is perfect or doesn't have problems. And it doesn't mean we should ignore those problems. But it does mean that the endlessly served-up misinformation that crypto "has no benefits", works toward harming less-fortunate people who've suffered more than anyone should have to. |