Comment Comment by mruts Well not to buy a pizza, probably not.But if I wanted to buy drugs, then, yeah probably.Also 90% of the population is in the developing world where it might actually be the case that BTC is more trusted than their local currency.I think it’s myopic to consider the value of crypto against the 1st world’s banking system with respect to ‘standard’ transactions.The value lies in either: ‘non-standard’ transactions (buying black market goods) or in developing nations. parent mruts 7 years ago
But if I wanted to buy drugs, then, yeah probably.
Also 90% of the population is in the developing world where it might actually be the case that BTC is more trusted than their local currency.
I think it’s myopic to consider the value of crypto against the 1st world’s banking system with respect to ‘standard’ transactions.
The value lies in either: ‘non-standard’ transactions (buying black market goods) or in developing nations.