I disagree, there are not cheaper or more convenient ways. There is overwhelming evidence that building highly standardized financial infrastructure is much che

I disagree, there are not cheaper or more convenient ways. There is overwhelming evidence that building highly standardized financial infrastructure is much cheaper and easier with blockchains than doing it without blockchains. You can argue that the result of that is mostly scams, because building scams is easy. But clearly crypto made building financial infrastructure cheaper and more convenient. There was absolutely nothing in the world like Uniswap for example, and we were not on a trajectory for something like that to ever be built in traditional finance. If you don't believe that, then I encourage you to look closer at Uniswap. Try to think about it from a purely technical perspective, without the understandable bias earned from its usage for scams, pump and dumps, etc. Another good analogy is nuclear weapons. Purely as a weapons technology, they made warfare cheaper and easier. The end result of the existence of nuclear weapons may be the opposite (countries spending more to keep up with MAD). But as a technology, they clearly enable specific things that weren't possible before (blowing up cities). Crypto is like that.