All the proposed usecases except speculation and censorship resistant wealth transfers (eg. getting money out of Russia) have been abandoned.
Just because you haven’t found crypto helpful doesn’t mean it doesn’t have use cases.
Maybe the payment is related to, say, Cannabis, so companies like Wise would refuse to facilitate it [1], legal or not.
Or perhaps they've heard the stories of PayPal seizing funds with no explanation or recourse (e.g. [2]), and don't want to roll the dice on that.
Maybe they want to exchange currency at the actual market rate, rather than PayPal's 3-4% spread.
Or they might not want to wait forever for a two-sided ACH transfer (usually the cheapest option with e.g. Wise), or pay wire fees and still have to wait until Monday morning before a US bank will consider processing the transfer.
[1] https://wise.com/acceptable-use-policy
[2] https://arstechnica.com/tech-policy/2022/01/paypal-stole-use...
At some point the first world will pull their collective head out of their ass
It’s crazy how stupid HN becomes at the word crypto.
“A non binary view about crypto omgzzz can’t compute!!!”
It is no different from saying "In some places I can buy houses with cocaine". Sure, if the buyer thinks they can immediately offload cocaine for cash, the buyer might take it. That does not mean that the house is sold for cocaine.
The actual tech is sort of irrelevant, it’s the hubris and exceptionalism
2. All the "not your keys, not your coins" mindless chanting misses the point. While true, a modern financial system depends on being able to have trust in financial institutions if you actually need to move money quickly. Years ago I went the "move everything to cold storage" route, and it was a major pain in the ass, not to mention slow and expensive every time you needed to move to an exchange to trade or convert to fiat. It's the equivalent of stuffing your money under your mattress - valid for emergency situations, but not for a currency you actually want to transact in.
Oh, and the reason hardly anyone actually stuffs money under their mattress any more is that we've built up institutions (e.g. FDIC insurance, SIPC insurance, and the associated regulations to provide this insurance) to reliably protect depositors.
Currencies tanking is not uncommon either. I'm not sure what you think this proves exactly.