Quote from: philipma1957 on Today at 05:36:35 PM

So I agree with you that btc simpley is not a great way to send money/wealth.

It is a very good way to get money out of a bad country or a country that becomes bad.

So if you are middle class you should have some in case you need to leave your country.

These three statements are very sad but unfortunately true.

You can not rely on Bitcoin any more as a replacement for Fiat in case you ever need it. Because there is no way I would spend such a hefty Fee for a Transaction worth some grocery shopping. It was fine back when Fees were low. Not so much now however.

It is a great deal to own Bitcoin if you need to flee the country. See how Ukrainians got caught with a lot of money on them at the border control. You can travel with Elon Musk worth of Bitcoin on you and no body would know a thing. But for daily usage this is totally unreliable nowadays.