Been asked a couple of times, what problems does cryptocurrency solve, and what’s its unique value proposition compared to other cryptocurrencies or traditional financial systems. Would love any other users take on this ..
I know you're talking about in larger scales, but let me put an input for myself on what it did for me at least. It helped me save transportation, bank fees as well as time when I just wanted to check my balance.
Imagine just the struggle of wanting to withdraw your money to buy something you wanted just to be bombarded by all these fees. Surely not many people would notice that depending on how far ATM machines are in your area.
especially since I'm in a village, of course to find an ATM I have to go to the city, where I have to do it because I have to pay cash to pay at a shop, and it's not practical after we get to know bitcoin, because there is a more practical way to use it, unfortunately not yet familiar and not yet legalized by the government, but indeed the initial purpose of bitcoin was as a currency, and hopefully in the future this can be realized, for now with bitcoin at least I can improve my family's economy, which can cover the small salary I get as an employee