> The important thing that crypto brings is optionality. Without crypto, what option do we have if not to trust the handful of BofAs, Itaús, Deutsche Banks, San

> The important thing that crypto brings is optionality. Without crypto, what option do we have if not to trust the handful of BofAs, Itaús, Deutsche Banks, Santanders and the Goldmans out there? You can keep nonmonetary stores of value (gold bars, fine art, silos of harvested wheat) and then convert them to cash as needed. If you find the right counterparty, you can even skip the conversion and barter directly. > Decentralization is a spectrum We're on this spectrum now. There is no world currency; anybody is free to make their own (the hard part is getting others to accept it). The existence of cryptocurrency is proof of this.