Transaction fees for sums above lets say $500 are way cheaper than most banking fees especially assuming different currencies. Even more when we compare to western union or even paypal
Let me give you a real world example. You buy something for $10. Then ethereums $5 fee sounds crazy compared to 3% or so for creditcard or paypal. However transfer $1000 and those 5$ suddenly sound a lot better than the 30$ the creditcard or paypal charges.
Ahh what i ment is using tether or usdb instead of usd. Which is instant and decentralized and widely accepted crypto bound to the usd value. It just saves you from up and downs, its still crypto
Well, so you are still trading with people believing in the value of these systems (which are <95% of businesses), which is a very specific distinction to cashing out money with which you can pay e.g. your taxes.
