Yes I agree, but I think you miss the point. The reality is folks buying bitcoin are also indirectly betting on the failure of our globalised central banking systems. This was the pitch in the early days and it remains a key value proposition. Think of it like this how much reach does a USD have? It’s limited by some factors but all things equal the reach of a USD is pretty good. I can use USD in most African and Asian countries. However the USD in China has limited reach. I’m using the word reach to loosely describe how usable the currency is in a foreign country. The sterling pound has a very limited reach if I were travelling I would convert it before. So one day in the future when the SHTF and no one wants to trade there will be a currency that is decentralised that has an unlimited reach. The reality is we need to get serious about the predicament of our financial systems or the folks with the BTC will be holding all the cards. I own no crypto and am just a interested observer wanting to share my perspective.
Your comment would have made more sense before everyone had the ability to use their debit/credit cards almost anywhere in the world, meaning the fact that other countries don't take GBP doesn't matter a huge amount at all. Last few times I was abroad if I needed cash I got it out of an ATM in the local currency.
