It's only KYC-less until you need to buy something that can't be bought with crypto, which is 99+% of the things I buy. Payments are fast and relatively easy i

It's only KYC-less until you need to buy something that can't be bought with crypto, which is 99+% of the things I buy. Payments are fast and relatively easy if the recipient wants to be paid in crypto. There are lots of fast and easy payment options if the sender gets to dictate how the value is stored. I can email you an IOU right now. But most people would prefer their local currency, and getting currency A -> crypto -> currency B is neither fast nor easy and almost always involves a KYC process.