And no, just because it is useful for some people in some shitty country doesn't make it generally useful. If carrying knifes and guns to a bank is considered normal in some shithole it doesn't mean that the rest of the world need to adopt this insane idea.
It wouldn't surprise me one bit if many companies are using crypto as a simple and unregulated way to suck money from unsophisticated traders. I wonder how many people lost money on crypto, and where most of the wins are at.
I am also curious how much portion of crypto is actually used for "goods" out in the wild versus simply used for trading. Simple metrics like volume on all exchanges / volume outside of exchanges should suffice.