Hey
How about we talk about the reason that we need cryptocurrencies, day in and day out banks and governments never fail to show us the dark side , how about we light a candle on it, let's keep adding points whatever you think what makes It amazing , what makes it worthwhile to exist.
In my view , we are finally free and out of the Monopoly world , banks governments no matter democratic or not we are all controlled like puppets , our money is actually not our money , it's the money of the banks controlled by the rich people that we would never see faces of.
With cryptocurrencies we control our own deal , we can easily make it to the top , yes it does have negative times and is risky but let's be honest , who doesn't ? Even dollar was going down !
But it also gives rewards like no other.
I would say we need crypto currency more for like financial freedom and ease of transaction. Say you want to do a cross border transaction/payment. You will have to face many difficulties due to different jurisdiction and laws of the two countries. Again, the higher the amount is, the more hassle you will have to go through. Also those transactions are never instant. But with crypto currencies, this becomes quite easy though lets not forget how people can abuse this to launder money.