As someone working with African companies (legitimate businesses, mid-sized transactions), the key use case is payments in stablecoins—their banking infrastructure doesn’t allow for reliable and consistent foreign remittances.
These deals would be practically impossible without stablecoins.
(And to be clear, I’m someone who has never been particularly enthusiastic about crypto or blockchain.)
It kinda gets me into the stance: every member of EU parliament and EU commission should make their bank accounts fully transparent so populi can check whether they are committing some act of corruption.
I think iMessage is uniquely popular in the US since they all got hooked on SMS since their plans got "unlimited free texting" pretty early on, and iMessage is a mostly-transparent layer onto of SMS. Whereas in the rest of the world it was more common to be charged by the message so people adopted apps for "free texting". Also outside of the US it's probably more common to send international texts, which cost even more.
Not really, in Europe you have unlimited sms’ from like forever. Think people went to different platforms because communication was less clumsy and it was easier to do it also with Android friends. So all in one
A BlockChain is like giving people ACH access. It’s insane to think that people are ever going to be competent and experienced enough to run their own bank. Society needs banks and regulations. This can all happen at layer-2 on top of an auditable and objective root chain. There’s a very clear analogy where everyday people interface with Eltoo “banks” existing (and regulated) on-chain providing convenient “traditional” banking services. That’s where this is all going. Crypto anarchy is a farce; don’t fall for it.
(And to be clear, I’m someone who has never been particularly enthusiastic about crypto or blockchain.)