You just described our entire current economic system.
The only part you forgot to mention is that crypto is a far superior option compared to our current economic system for transacting quickly over long distances.
The superiority of physical money for local transactions doesn't change this.
Rapid? You mean it takes a couple of days, and is controlled by big daddy government and the corporations they're in bed with. The fact that they change the numbers on your end doesn't actually mean that the funds have been sent.
And you're missing the point. It's about self custody of your money. Holding silver is great, but silver can't be used online. If you want to use money online, you have to trust the centralized system, whereas with a commodity backed crypto, you have coins backed 1:1 with something real, and you can actually hold the money in a wallet that only you control. And assuming the blockchain used is not controlled by a centralized group, like the government, no one can stop you from transferring your money to other people.
Most people buy things online. You living out in Bumfuck, Alabama does not change this fact. Your entire argument is ignorant of reality and based on your total lack of understanding of the technology at play here.
You just described our entire current economic system.
The only part you forgot to mention is that crypto is a far superior option compared to our current economic system for transacting quickly over long distances.
The superiority of physical money for local transactions doesn't change this.
Rapid? You mean it takes a couple of days, and is controlled by big daddy government and the corporations they're in bed with. The fact that they change the numbers on your end doesn't actually mean that the funds have been sent.
And you're missing the point. It's about self custody of your money. Holding silver is great, but silver can't be used online. If you want to use money online, you have to trust the centralized system, whereas with a commodity backed crypto, you have coins backed 1:1 with something real, and you can actually hold the money in a wallet that only you control. And assuming the blockchain used is not controlled by a centralized group, like the government, no one can stop you from transferring your money to other people.
Most people buy things online. You living out in Bumfuck, Alabama does not change this fact. Your entire argument is ignorant of reality and based on your total lack of understanding of the technology at play here.