> You can actually interact with some crypto projects over SMS

Keyword: some.

Also, banking over SMS was a thing long before crypto.

> But actually smart phones and internet access is surprisingly high in sub Saharan africa where they primarily still use SMS trading.

Then it will be swallowed by something smilar to AliPay. Not by crypto.

How do you sign up to AliPay?

Quote, emphasis mine: "Something similar to AliPay"

Crypto adoption is rising pretty fast in these places. I know you dislike that, but it’s a fact - the tech does work for those usecases. SMS is factually less useful than crypto, there are cash onramps available in the most obscure places, and it helps remittance payments that something similar to AliPay doesn’t. Almost any company that comes into this space has to follow KYC which is basically impossible for the cash societies without these necessary docs. If you look into this, such as the Gates Foundations research on payments and remittance in bankless societies, you’d see that crypto is a great solution. There’s a whole world out there in the crypto sphere outside of shitty NFTs and scams :)

> SMS is factually less useful than crypto, there are cash onramps available in the most obscure places

SMS is less useful than a lot of things. It doesn't mean that crypto is the solution, or that it won't get replaced by something more useful.

As for "cash on-ramps", it just shows that there's nothing inherently useful in crypto that can't be solved by other means. These are centralised points that people explicitly trust to handle their money. It's nothing new, and once societies stabilise they inevitably re-discover/re-implement all the rules and regulations you're so dismissive of (such as KYC rules).

> If you look into this, such as the Gates Foundations research on payments and remittance in bankless societies, you’d see that crypto

Let's see what Bill Gates himself says about crypto: https://www.reddit.com/r/IAmA/comments/ut7yj0/im_bill_gates_...