After reading this, will you say we are not early?

To be brief, I live in a country with an annual inflation rate of 100%. You might expect everyone to buy USD to combat inflation, right? Unfortunately, it's not that simple. There are limits, and most people can't buy it. Even if they can, they're only allowed to purchase $200 per month.

As a freelance artist who works online, I earn USD. However, if I transfer $1,000 to my bank account, I'll only end up with $450 or less due to the 43% conversion rate (taxes would make that number anywhere between 55% to 70%). What's worse, I'm not permitted to buy USD afterward and must use my country's currency.

So, what do I do? I say screw the government and banks. I use everything I earn to buy crypto and never send it to my bank. I save in stable coins and invest the rest. It's risky, but it's better than dealing with a currency no one wants and 100% inflation.

Honestly, if it weren't for crypto, I'd be in a tough spot. I'm just one of many people worldwide in a similar situation. Crypto has been the solution to my main problem, and if CBDC ever becomes available here, demand for crypto will soar exponentially.

Sure, I could acquire USD in other ways, like P2P transactions via offshore banks. But that option carries more risk than holding crypto. Getting fiat currency isn't that difficult for me. I can acquire it through 2P2 transactions. Perhaps in the future, people will start accepting crypto as a payment method more frequently. But for now, it still works perfectly fine for me.