[TimJRobinson]

I think this is a large part of why many Americans in particular don't understand crypto. They already have access to the world's best financial system and all the protections of the state when using it.

Living in Australia and trying to invest in financial markets overseas is like pulling teeth sometimes, because every country has their own incompatible systems and local rules and regulations. And this is a developed well integrated country!

Crypto is the first time we have a global financial system that everyone can join without any one country being able to set the rules and control the system. This is extremely beneficial for countries that don't trust each other to be able to integrate and trade.