You’re right, but I don’t think you’re going to get many zaps for saying this lol. I wouldn’t call trading utility though.

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Not trading. The capacity to make payments around the world, including remittances, and then have that value be converted from and back into local currency to pay for things. Most people in the world do not live in bitcoin circular economies, if people haven’t noticed.

I’m not sure how often bitcoin is used in remittances. Even to El Salvador, I believe the figure is less than 1%.

Huge to Africa and other remittance corridors.