Great thread , your right though the bitcoin is useless , only use is forced to Buy altcoins paired with it .
I don't think BTC is useless! I believe 20 years down the road cryptocurrencies will gain mass adoption similar to what happened to the internet and Amazon back in the 1990's where such technology was not used a lot, and today gained mass adoption (same applies to smartphones and Ipods.)
I strongly recommend you read this book to learn more about BTC:
https://www.amazon.com/gp/product/B08WZ4P1DY/ref=ox_sc_act_title_4?smid=ATVPDKIKX0DER&psc=1
But then again, BTC so as they say, do your own research and never invest what you can't afford to lose. Personally I believe there is a bright future for cryptocurrencies. At least they are open 24/7 unlike the stock market
So I guess the lesson that I will learn here is, if the country is not supportive of cryptocurrency and the businesses that services people with cryptocurrencies, then there would be no way for people to encash and convert their Bitcoins to their local currency. I mean there should have been ways to encash this and put it to your bank account or like a payment app or remittance. But at least you have let us known of this issue and that would be additional learnings for us to be very careful when we are dealing with cryptocurrencies.
I can go to a neighbor country such as Saudi Arabia or United Arab Emirates and withdraw using BTC ATM. The true question is, is it really worth to buy a plane ticket, pay taxi fees, pay for food, etc. just to withdraw fiat from a BTC ATM and come back home?
