For example, you can donate to Sci-Hub with cryptocurrency. Sci-Hub has an ideological mission which is widely supported, but it runs afoul of copyright law and is illegal in nearly every country and sanctioned in many. You cannot donate to Sci-Hub with fiat currency.
Unfortunately, I agree that in practice >99% of cryptocurrency's use is for scams.
That seems valuable, but I’m not sure how much truth there is to a story I read on the internet.
Wait you mean Venezuela didn't experience four years of hyper-inflation in a row? You mean you don't believe that story is true?
Of course, the bottleneck then becomes converting stablecoin dollars to real dollars.
In the end, maybe that friction is actually a net positive for safety.
Whener I tried to send Crypto, there were fees over fees, from wallets, transfer fees, etc., probably I was doing something wrong, but that was the most frictionless path
On the other hand, sending USDC actually moves the money for real, albeit, not totally free.