Crypto currencies (or atleast DeFI) is trying to solve a pretty pragmatic problem: There is 1.7B unbanked people in the world and banking services are outdated and unavailable for large portion of humankind.
I mean that is pretty good problem to work on IMO. I think articles like this that talk about monetary politics are missing the point a bit.
I live in Denmark, and even then it takes approx ~10-24 hours to transfer funds between banks, imagine if we could reduce that time to mere seconds- or minutes?
I mean that is pretty good problem to work on IMO. I think articles like this that talk about monetary politics are missing the point a bit.
I live in Denmark, and even then it takes approx ~10-24 hours to transfer funds between banks, imagine if we could reduce that time to mere seconds- or minutes?