Is it useful for people in countries with shitty governments? Very much so, it seems to me. Which is great. But that is not an argument for its intrinsic value as opposed to normal currency in a country with a functioning economy and government.
Mycorrhizal networks, to pick just one of myriad counterexamples, would like a word. Decentralization is just something that humans are (so far) bad at designing for.
> paying with crypto is always going to be more painful [than fiat] unless you use an exchange
Always is a long time. As governments figure out how to add features to fiat via CBDC's I can definitely image some bloat that would make paying in fiat needlessly complex. It's not like cryptocurrency has the market cornered on bad decisions.
USDC is a bridge across which supply and demand signals flow between centralized and decentralized networks.
Mycorrhizal networks are a similar bridge. Both are complex social structures, but only one is falling apart.
If we're going to get this right, it's not going to be by writing off cases where this kind of problem has been elegantly solved, especially in the absence of alternatives to try.
Btw how invested are you in crypto? Valid question, y'know, enumerating biases.
https://www.investopedia.com/terms/p/patterndaytrader.asp
It’s as valid of a question as asking you if you hold USD.
