> Maybe useless if you need to convert it to paper dinosaur money at the other end
The vast majority of people on this planet use "paper dinosaur money" because that is what the overwhelming majority of merchants accept. There's also the fact that most people will have to convert their local currency into bitcoin before sending it because they aren't bitcoin enthusiasts who have arbitrary sums of bitcoin at their disposal. Most of the time acquiring bitcoin requires a bank account and can take days to acquire because of KYC and bank account verification (and that assumes you're comfortable uploading your photo id and other documents to bitcoin services).
> I think of Bitcoin as an awesome idea for a replacement of the current corrupt system
The cryptocurrency ecosystem is infamous for its association with fraud, abuse and incompetence. Whenever a bitcoin company goes offline for more than a few hours it's actually a serious concern that the operators might have absconded with the funds leaving users utterly powerless to recover their money or bring the operators to justice. Bitcoin operators have lost or stolen MILLIONS of dollars worth of money from bitcoin users... yet the current system is the corrupt one. My "dinosaur money bank" has never lost or disappeared with my money. Literally never.
> it is still possible for people to transfer Bitcoin between themselves with no middlemen
Which is useless if your overseas family wants to pay for goods and services like groceries, rent, medical care and other basic needs. You can say whatever you like about the ease of moving bitcoins internationally but it's a fact that almost everywhere in the world bitcoins are not accepted in exchange for goods and services and most people are not technically sophisticated enough to safely convert their bitcoins into local currency.
The vast majority of people on this planet use "paper dinosaur money" because that is what the overwhelming majority of merchants accept. There's also the fact that most people will have to convert their local currency into bitcoin before sending it because they aren't bitcoin enthusiasts who have arbitrary sums of bitcoin at their disposal. Most of the time acquiring bitcoin requires a bank account and can take days to acquire because of KYC and bank account verification (and that assumes you're comfortable uploading your photo id and other documents to bitcoin services).
> I think of Bitcoin as an awesome idea for a replacement of the current corrupt system
The cryptocurrency ecosystem is infamous for its association with fraud, abuse and incompetence. Whenever a bitcoin company goes offline for more than a few hours it's actually a serious concern that the operators might have absconded with the funds leaving users utterly powerless to recover their money or bring the operators to justice. Bitcoin operators have lost or stolen MILLIONS of dollars worth of money from bitcoin users... yet the current system is the corrupt one. My "dinosaur money bank" has never lost or disappeared with my money. Literally never.
> it is still possible for people to transfer Bitcoin between themselves with no middlemen
Which is useless if your overseas family wants to pay for goods and services like groceries, rent, medical care and other basic needs. You can say whatever you like about the ease of moving bitcoins internationally but it's a fact that almost everywhere in the world bitcoins are not accepted in exchange for goods and services and most people are not technically sophisticated enough to safely convert their bitcoins into local currency.