That's fair, but it's probably an improvement in regions blocked by more traditional financial services. In many of those regions, people may not even want to cash out to local currencies as holding a digital dollar is often more stable.
That requires a rather unusual confluence of events.
Almost everywhere there needs to be a on AND off ramp, or only the most diehard hobbiest or desperate economic actor will consider it. This stuff is just too new, and there is too small an ecosystem for all but a small handful of coins for them to actually act as a useful exchange medium.
lazide|9 months ago
Almost everywhere there needs to be a on AND off ramp, or only the most diehard hobbiest or desperate economic actor will consider it. This stuff is just too new, and there is too small an ecosystem for all but a small handful of coins for them to actually act as a useful exchange medium.
Nebbit123|9 months ago