you need a visa card and a bank account plus feeeeeeeeeees ...crypto is more for unbanked people.bank can not compete with crypto. case closed
1)
Except on localbitcoins to buy crypto you need what?!
again bank account and credit card!
2)
To buy altcoins you need what?!
You need to buy BTC first as all the altcoins are traded for BTC.
3) to buy BTC go to point 1.
We are stuck and will be stuck in this loop until someone starts producing and selling food
directly for crypto bypassing all that FIAT crap
as it seems you can't eat if you don't not have FIAT.
1. localbitcoins accept cash no need for a bank account
ATMs also accept cash no bank account is needed
2. now you've to pay for google fee( YOUR PRIVACY wiLL BE SOLD to cover the cost of the app and settlement...nothing is free☺) & bank transfer fees + take 3 days to the money to show up on you bank account
no thx not for me
3. with crypto you have access to a whole financial ecosystem. not just send and receive money
u can lend money borrow money buy stocks create your assets ..ect and in the same time protecting you privacy if u choose to
4 .it is cheap like dirt & cross border ...this is why google+visa can not compete unless they create their own blockchain.
5. you can spend you crypto easily without using fiat
there is s hundred of thousand shops that accept btc and altcoin...