Decentralized systems, peer to peer, Blockchain, smart contracts, are all important technologies with real use cases. It is not accurate to refer to any of them as simply "crypto" especially in this context.
It's true. Latin America already knows it, USA and Europe are yet to catch up.
Most of crypto is bullshit, but at the very least Bitcoin is a massive, massive use case.
Commercial banks make up most central banks, and if you believe commercial banks aren't grifters or con artists, you've obviously never heard of LIBOR for starters.
As for bad solutions, I'll give you incorrect economic forecasts on inflation and using interest rates as a lever.
