people in third world hellholes trying to survive one more day thanks to crypto reading this:
It's easy for americans and europeans to say crypto is shit and a joke because they earn inxs of $5-6k a month, they can use it to gamble a couple hundreds and maybe get some small profits but that's about it, if they want big money they just go to stocks trading as their financial systems are relatively stable and don't have 60% inflation/mo, wish I could say the same about crypto, at first I also thought it was just a meme coin but then I saw my profits and realised I had literally a fourfold increase in my income when BTC hit 50K, at that point my job was paying me about $100 a month, but also what I made with crypto in just a week just by mining, no trading at all. Having $100 a month is definitely not the same as $500 a month, not even qualified engineers earn that much in my country so that's why they choose to leave for western europe or america. When I saw the big dump coming I traded mostly everything for stable tokens and also some Euro cash in the black market.
Crypto was a game changer for me, of course I wasn't dumb enough to say "hurr durr gonna leave my job and live off trading XD" like others did because I know how prices fluctuate, but still, it's not as bad as living through a constant hyperinflation and needing a wheelbarrow of cash to get a pack of gum.
There's still P2P but it's tru underground and only for the most 1337 h4x0r5, not everyone can operate there as you often need hardware wallets, encryption codes, etc.
normie exchanges are THE SAME as regularl banks, it's ridiculous to say ETH or just surface level crypto in general -including shitcoins- is decentralised, the truth is corporations and governments have ruined crypto and are forcing users to prostitute themselves to KYC/AML and using smartphone apps to gather all of their sweet data, as always, for "security" reasons, heh... if it's not the oldest excuse in the world.