Why we need Crypto?

My question for today is: Why we need Crypto?

Today I will try to explain why on this article.

Crypto revolutionized the old traditional corrupted financial system.

How? By enabling people to have ownership on their wallets. Your keys your Crypto.

Crypto is acting on a decentralized nature (the actual crypto, not the fake companies). This means that it is not controlled by any central authority. Crypto can be used for faster and cheaper transactions making it useful especially for people that are transacting internationally. It does not matter where you live in crypto. In a traditional bank it does. Their fees are much higher.

Crypto can provide access to financial services for people who are unbanked or underbanked, which can help to reduce poverty and inequality.

As the article below is mentioning Bitcoin becomes part of your identity;

“When we look at the fever around bitcoin, we really need to see it like in part as a demonstration of the fact that this is happening because there are not reliable, non-speculative mechanisms whereby people who don’t already have access to a chunk of wealth could produce wealth over time,”

Crypto of course is not only Bitcoin but if Bitcoin does not exist then there is no Crypto.

That's just a small breakdown of why we need Crypto.

I can writing for hours but want to stop it here as there is no need to explain further (in my opinion) :)

Have a nice Sunday and speak Soon!

Thanks