> it seems useful for cross-border remittances It seems useful for that, yes, but it turns out: It is not actually useful for that. The economics just do not w

> it seems useful for cross-border remittances It seems useful for that, yes, but it turns out: It is not actually useful for that. The economics just do not work. Crypto can not support a one-way money flow, so it has to rely on middlemen for the reverse flow, and that ends up being at least as expensive as traditional ways of doing remittance. Many companies have tried to make this work, and they have all folded.