For me it solves "trust". See, Americans find it so difficult to relate to this issue because US central bank has such strong economics that a major event is

For me it solves "trust". See, Americans find it so difficult to relate to this issue because US central bank has such strong economics that a major event is unthinkable. But going back to 2009 Greek crisis and the "bank run" prevention. Same thing happened in Argentina before and also in Mexico (the ones I know of). We people in these countries dont trust our monetary and banking systems. The traditional way to offset that was gold or USD. But they are not so liquid or easy to store. Cryptocurrencies are an instrument to detach the "value transfering" properties of money from the government control. With high liquidity and extremely easy to store. The inefficiencies of BTC (performance, traceability, ease of use) are more technical details that people has been slowly tackling.