Stolfi was my professor at Unicamp and has become a somewhat famous buttcoiner. His laundry list of arguments always depend in this "let them have cake" mentality of people living in a world of functioning institutions. It is almost ironic how someone who lived through all the economic instability in Brazil never bothered to look at the practical reasons that lead to people holding BTC.

With that said, each day that goes by I am more inclined to agree with him in relation to Bitcoin and all projects that tout "fixed supply", "store of value", PoW crap.

I agree that the unbanked and people that fear persecution or censorship can benefit from crypttocurrencies. The part where I don't agree anymore is these people have BTC as their best alternative to protect their wealth or to be sovereign over their finances.