Yes, a decentralized international payment protocol is a good answer, but it also has a currency itself embedded in it. A type of currency to make this protocol work.
The whole thing saves a lot of manpower and energy in the world, so in that regard it potentially holds a lot of value.
However, if you told me to open up Excel and calculate the approximate true value of 1 BTC, I am unable to do so.
I can imagine scenarios where for someone with very specific needs of anonymity it solves problems, but I cannot imagine any direct problems it solves for me.
If everyone switched to BTC employment in the financial sector would not shrink. Are you saying it would? I can put a bundle of dollars in the mail but even if that was free, it is still risky. My understanding is that I pay my bank to hold my money and transfer it because it is much less risky than doing it myself.
The whole thing saves a lot of manpower and energy in the world, so in that regard it potentially holds a lot of value.
However, if you told me to open up Excel and calculate the approximate true value of 1 BTC, I am unable to do so.
I can imagine scenarios where for someone with very specific needs of anonymity it solves problems, but I cannot imagine any direct problems it solves for me.