The fees on top of NFTs and platforms like Bitcoin are so egregious right now that they're basically only useful for large transfers. Yes, yes, Lightning, what

The fees on top of NFTs and platforms like Bitcoin are so egregious right now that they're basically only useful for large transfers. Yes, yes, Lightning, whatever. It's very impressive that the Bitcoin space got the novel idea of solving blockchain problems by using the blockchain less. /s But there are only narrow examples I can think of where cryptocurrency is helping: specifically 3rd-world transfers of money out of and into the country are maybe the strongest use-case today. But most cryptocurrencies that I see aren't optimized for that, and a lot worse, it's not clear to me that the popular cryptocurrencies will continue to be useful for that in the future, particularly as governments clamp down on them. I question whether crypto is actually the best method of bringing banking to unbanked people, and more than that I question to what extent the space is actually focused on that, because I know at the very least, the majority of the US community around Bitcoin is not thinking about 3rd-world countries. I've seen cryptocurrencies evolve from their earliest stages where people were very earnestly talking about replacing financial systems, into the modern day were if I say Bitcoin is a bad currency somebody will jump on the thread and tell me that Bitcoin isn't supposed to be a currency. ---- > that means there is a huge issue where families can't save money and the people will to work smart or hard can't grow out of their situation. I think it's tough to claim that currencies like Ethereum and Bitcoin are long-term answers to this problem; I don't see a movement of wealth redistribution happening, I think that people are trying to jump on early so they'll be rich later, and the underlying technology of these systems is such that they are literally designed to become less profitable to get on board with over time. I can sort of imagine how a cryptocurrency that was specifically designed for money transfer across nations or for use by unbanked/poor communities might function, but I'm not sure it looks a lot like Bitcoin. Bitcoin has transaction fees, that's problem number 1. It requires an Internet connection, that's problem number 2. Decreasing rewards for transactions are designed to consolidate wealth among the early adopters, that's problem number 3. I'm just not sure I buy it.