I still don't understand what problem decentralised currency is supposed to solve.
As you say, I want cheap, convenient transaction at low cost, and specifically concerning privacy I want to know who I send my money, and I want legal recourse should anything fishy happen.
The privacy proposal of crypto in my opinion is bizarre. I am supposed to lay out my entire financial history in a public wallet (which I don't want), but trade with people who I don't know (which I don't want), and have all of it supervised by 'smart contracts', which are anything but smart and make it necessary to essentially put myself under surveillance?
As you say, I want cheap, convenient transaction at low cost, and specifically concerning privacy I want to know who I send my money, and I want legal recourse should anything fishy happen.
The privacy proposal of crypto in my opinion is bizarre. I am supposed to lay out my entire financial history in a public wallet (which I don't want), but trade with people who I don't know (which I don't want), and have all of it supervised by 'smart contracts', which are anything but smart and make it necessary to essentially put myself under surveillance?