Great! In the context of the discussion, that transfer wasn't "trustless", you have bunch of contracts setup and more to support and make sure the transfer is trusted and OKed.
> it "solves" issues in the financial that are already practically solved for billions of people.
Yes, bank transfers and credit cards works for a lot of people. But there are tons of people who cannot use those, what about those people?
Have you ever tried to send money from Nigeria to Ecuador? It's a hassle, especially when you deal with a larger amount. Your transfer is gonna get stuck in the fraud-department at some entity you never heard about, simply because the transfer is coming from Nigeria.
Instead, doing the same transfer with cryptocurrencies took about 1 minute to enter the details, and 5 seconds for finality of the transfer, and it's done.
I transferred money to somebody else last night despite never having met them, virtually or in meatspace or whatnot--I used a credit card to buy something.
That's sort of the issue with the trustlessness of cryptocurrency: it "solves" issues in the financial that are already practically solved for billions of people.