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The bigger question behind all this in my mind is whether crypto actually solves any useful problem that anyone cares about.
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Very simple. Show me a poor, homeless person, that accepts credit or debit cards. In person cash works but over the Internet, across international borders? Crypto currencies solve this very simple problem.
sorry how many poor homeless people use a crypto

over the internet, banktransfers, paypal, credit card, all work just fine, and most people have no problems here.