The crypto endgame is to take a little bit of power back from the banks.

It amazes me that in 2024 banks still charge a lot for transfers. Often international transfers still take several days. This will happen with your bank unless you pay a special account for the matter.

I think crypto is really about not giving all the control to the banks. If only 2% of the economy is taken out of their hands, people will live more freely.

When you transfer money with crypto, the transaction is confirmed. When you use a bank, the transaction is authorised.

A subtle but huge difference.

I’m also worried about how fiat is being used less and less. How they find new ways where we have to use our debit/credit cards. No wonder they have gotten better at controlling inflation as banks can now easily add/remove money in circulation by printing more currency or raising fees on home loans.

Satoshi created BTC in 2009 after the 2008 crisis caused by the banks. It’s delusional to expect a global economy where crypto is the largest currency. But in the 2% that will be transacted on the blockchains, we will have a little more freedom in our lives.