For those of you who live in rich countries, imagine what crypto can do for those who aren’t as fortunate.

For those living in first world countries, crypto does not have a huge benefit over fiat for everyday transactions. Sorry, but it’s true.

In third world countries on the other hand, it can be massively beneficial. In Canada where I live, there are lots of migrant workers who come over here to farm and send money back to their families. They usually do this through international bank transfers which have high fees and take a long time. Crypto can cross borders within seconds, for next to no fees.

This is only one of the benefits for those who are less fortunate. Use this point next time someone calls crypto useless, because it proves how small minded of a point that is.