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by anaxag0ras 1214 days ago
People in developed countries take online payments for granted. Let me give you another perspective from a third world country.

Where I live, the international payments are restricted. Most of the neobanks/payment only issue payment cards for EEA or USA and Canada. There are a few options like Dukascopy Bank, but the fees are expensive especially for micro transaction. So cryptocurrency (not all though) does have some utility for people like us.

That being said, I do agree that crypto ecosystem is filled with grifters and scammers and only a select few cryptocurrencies are actually useful.