Your "instant bank transfers" claim is irrelevant. Traditional banking lacks the openness, borderless access, censorship resistance aspects of decentralized cryptocurrencies like bitcoin.
With traditional banking you are in a master-slave relationship, where your bank is the master and can wipe your money clean at a whim. Bitcoin means you are your own bank.
It's pointless to compare "instant bank transfers" with bitcoin, bitcoin makes traditional banking obsolete.
I'm not paranoid, I want the world to be a better place. Banks and governments are the cause of the global financial crisis/recession. Lots of families and people's future were destroyed by them.
The US is 4.3% of the total world population, there are other 6 and a half billion people in the world.
Most of the other 6 and a half billion are completely unbanked, they never had access to a bank account. Bitcoin can help those people.
> Something that solves a problem for <1% of the global population and some niche cases is of virtually no utility.
I don't know how you can say that. You must be blind.
What are those "more resilient technologies" that you speak about? I want to know, because all the other shitcoins are either more centralized or a scam and not worth looking at in my opinion.
I dare you to tell me another cryptocurrency that is more decentralized than bitcoin.
> I am disgusted by the kind of people Bitcoin attracts today and I don't want to be associated with that crown in any possible way!
What I want to know is why you associate the technology with the people, or why even generalize the whole community because of a few bad actors.
I agree there are many toxic people in bitcoin, but you know what? I don't give a shit, just ignore them I'd say.
There are far worse people in the current financial system, but you don't seem to be talking about that, I wonder why.