A friend wants to visit a country and they were enquiring for proof of funds for him to be issued a Visa. This young man has invested heavily in Bitcoin and other cryptocurrencies that he might not be able to present the minimum amount they want in his fiat account. But he can present ten times more than the amount the embassy is asking if they want it in cryptocurrency.
That friend of yours is just like me. I hate the idea of leaving money in fiat. It's a waste as inflation easily eats that up. If I were him and I'm faced with such a scenario, I would convert my crypto hodlings to fiat just to quickly pep up my proof of funds and once that's done I revert to cryptos. Yes, agreed they could be some lose of revenue from that conversion as fees but I could still gain if the coins dip too between the time I'm waiting to be cleared for the PoF thing and when I'm buying back. It will be self inflicted pain if one has an item to liberate oneself and then fail to utilize it. What matters is using what one has to get what one wants.
My country will not accept Bitcoin because the government is anti-crypto.
Your country, just like many others in Africa, is sadly retrogressive on cryptocurrency. It's going to be to their disadvantage soon. Maybe it's already.