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Cryptocurrency is made up, unregulated, basically the current results of a massive gambling game, not based upon any reality. Sure, why not make someone rich with your money for absolutely no value to you. If a person actually wants cryptocurrency, they can buy it themselves. If they want stock investments (closer to horse racing), they can get a 401K. The only reason I can find for Cryptocurrency is to hide the transactions from the government. Get your money in cash. It is not unusual for mortgages and such other high priced bills to be paid in cash, to ensure there is no oops due to problems with your account, which can happen when you live paycheck to paycheck like about half the people.
I do like the idea of a national / sovereign digital currency, where people can transact more easily without traditional bank fees. I think what World Liberty Financial is doing is criminal, though. An incredible abuse of the office for self-enrichment and influence-buying.
SInce ~90% of what we do with banks these day, can be done online or at an ATM, why not an online bank account for each person, that is free, can have autodeposits, with a debit card with NO fees attached to it, not by any company. Currently Visa etc charge a fee. It gets complicated how much. A person can not be blacklisted from it (yeah, it is a real thing) and no overdraft or fees when you do not have enough, it is simply not enough. Sorry, have had troubles with banks and they seem to work hard at not giving service, so paranoid of losing any money you are not allowed to do many things. Like the Post office, simply make it a crime with significant punishments, and funding for enforcement, to do a theft against the bank, that most people just do not even try. My perspective is that there are always solutions, and a federal online bank seems to me to solve a number of problems a lot of people have. I do not like how banks sit in the middle and collect money from every transactions.
Yes, would love to find a way to avoid the 2-3% fees on credit card transactions, not to mention the other bank fees. Crypto can play a role here, but needs some type of national or major institutional backing.