> Latency and fees are higher than existing mechanisms in most of the world, and at much higher environmental cost. This statement is simply incorrect. The lat

> Latency and fees are higher than existing mechanisms in most of the world, and at much higher environmental cost. This statement is simply incorrect. The later 2 scaling ecosystems built on top of Bitcoin and Ethereum offer 1-2 second transaction times for 3-4 cents in fees. The electrical costs are equivalent to sending an email. https://lightning.network/ https://lightning.network/ https://www.optimism.io/ https://www.optimism.io/ https://arbitrum.io/ https://arbitrum.io/ https://ethereum.org/en/layer-2/ https://ethereum.org/en/layer-2/ > Also, crypto is an objectively riskier "store of wealth" than traditional measures, and is mostly used as a speculative investment or an arbitrage opportunity. In a country like Argentina where inflation is over 100% the risk of holding crypto seems to be a much better deal than a savings account. https://www.bloomberg.com/features/2023-argentina-presidential-elections-inflation/?in_source=embedded-checkout-banner https://www.bloomberg.com/features/2023-argentina-presidenti...