As long as crypto gets regulated out of existence, Yes.
As long as the crypto exchanges collapses, Yes.
As long as we are building better alternatives that are actually in use such as UPI, Pix and the like, Yes.
As long as we as a society reject the crypto pyramid schemes and stop allowing more people to join it and in turn losing their life savings completely, Yes.
As long as long as crypto dies and withers out of interest, then YES.
We have tried private money before in the US and other countries and it completely failed.
You mention 'first world narratives' I don't see India complaining about payment issues or surveillance. See for yourself:
https://www.nytimes.com/2023/03/01/business/india-digital-pa...
Not a single mention of crypto, decentralisation, web3 or any useless crypto technobabble at all. Just damn well engineered real time payments that 300M+ people are using in the real world.
https://navendu.me/posts/upi-vs-crypto/
This is where the future is headed, not crypto.
As long as the crypto exchanges collapses, Yes.
As long as we are building better alternatives that are actually in use such as UPI, Pix and the like, Yes.
As long as we as a society reject the crypto pyramid schemes and stop allowing more people to join it and in turn losing their life savings completely, Yes.
As long as long as crypto dies and withers out of interest, then YES.
We have tried private money before in the US and other countries and it completely failed.
You mention 'first world narratives' I don't see India complaining about payment issues or surveillance. See for yourself:
https://www.nytimes.com/2023/03/01/business/india-digital-pa...
Not a single mention of crypto, decentralisation, web3 or any useless crypto technobabble at all. Just damn well engineered real time payments that 300M+ people are using in the real world.
https://navendu.me/posts/upi-vs-crypto/
This is where the future is headed, not crypto.