> It's not going to become the currency of a failed state, there are far more power efficient and opaque ways of doing things. It's already being used as a pro

> It's not going to become the currency of a failed state, there are far more power efficient and opaque ways of doing things. It's already being used as a proxy for USD in some failed states (which is exactly what every stablecoin's value proposition would be). It's certainly not widespread, but it makes sense in a society where you don't actually need/want to convert to fiat to transact.