[Ekaros]

>- The currency of my country is collapsing, I need to buy something which has a value unconnected to my country.

>- My country imposes export controls on foreign currency. I want to move my money out of my country.

Never understood who is the counter-party in these scenarios. Someone must sell you the crypto for seemingly worthless local currency. (Unless you somehow smuggle mining equipment in and buy local electricity)

Who would make that trade? Specially if currency was collapsing or not usable.

[risyachka]

You can always find someone to sell USD for crypto in cash. And you will be able to do it only because crypto allows you to actually own your assets.

[Ekaros]

Question really isn't about USD or Euro. You are already quite happy if you have either.

But let's say you are in Africa and have a lot of local hyper-inflating currency. Who will give you crypto for that? Or at least more than they need for immediate needs.

[sjducb]

Anyone who needs to buy goods and services, or settle debt, in the local currency.

[meheleventyone]

You already need crypto though.

[risyachka]

You do.

I meant mostly that if you store your assets in crypto - it can help a lot in situations like this, presenting a great use case.

[nlitened]

You don’t need to buy it, you can just accept it as a fee for your work.

[meheleventyone]

So now the unbanked need an entire shadow economy to exist in their country to take part!? Plus all the accoutrements to access crypto.