The meme that cryptocurrency is good for people in countries without modern banking is long-dead at this point. First, and most importantly, many supposed not-m

The meme that cryptocurrency is good for people in countries without modern banking is long-dead at this point. First, and most importantly, many supposed not-modern countries actually have more robust banking than America: mobile money is more popular and has far greater penetration in large parts of Africa than it does America, for example. Secondly, for every cryptocurrency project that has provided value to places without modern banking, there’s a cryptocurrency project that has more effectively exploited people. The fundamental problem with your position is that cryptocurrency does not offer a stable store of value and so while there may be short term examples where people have found value by using a non-government currency, these examples are often short lived. Just look at platforms like the YC-backed Stablegains, which are a great alternative to government-backed currencies… until they blow up and financially-insecure people are thrown into a dire situation.