I've been into Bitcoin since 2010 and it is very obvious to me crypto currencies are making the world better. Fundamentally, because they are censorship-resistant and permissionless financial networks, they allow people to have access to economic opportunities they wouldn't otherwise have. Concrete examples: escaping hyperinflation in Venezuela, donating to charities censored by authorities, escaping unethical laws (eg. civil forfeiture in the US), removing financial transaction friction (no more "sorry the bank is closed on weekends!"), finally being able to TRULY send money internationally near instantly (absolutely no other system does this!). And so on.
It's like the invention of the internal combustion engine. In the early days (late 19th century) someone might look at it and wonder how noisy polluting engines can make the world better. A hundred years later, it's very obvious that making transportation easier and faster enormously contributed to improving the world's economy.
It's like the invention of the internal combustion engine. In the early days (late 19th century) someone might look at it and wonder how noisy polluting engines can make the world better. A hundred years later, it's very obvious that making transportation easier and faster enormously contributed to improving the world's economy.