[gryn]

> Wasn't Crypto supposed to solve this like a decade ago? Genuinely curious, as a 20 something, software developer who never understood why we don't have decentralized/globally neutral payments/transactions systems like internet.

because people like having the ability to dispute charges when they get scammed. they also like the ability to access their account by speaking to someone at the bank when they forget their credentials. (the dude that lost his bitcoin hard drive in a dumpster only recently gave up is search of landfills) if you see all these crypto companies end up creating layers that create shittier banks with extra steps.

that's also the reason payment processors don't like certain fields like nsfw/sex work, gambling , etc because a lot of fraud happens in them and therefore they cost more for them, At least that what their stance is, and I have no reason not to believe them because if you try to take online payment that's what you will see with time when your platform get targeted by shady individuals.

also governments like control. how do you freeze crypto like you freeze a bank account ? their wet dreams is people to stop using cash and only use electronic payments, that way they can freeze your whole life with a single order. (the official stance is to stop criminals, but they decide who get designated as such. said something they don't like ? welcome to the list)

to make thing worse, crypto has been almost exclusively used for shady things like gangs money laundering, scams, etc.

and in the end the blockchain does not solve any real problem. it's a technical solution in search of a problem.