Very close. The correct answer is make the old system obsolete.

We don't have elevator operators or telephone switchboard operators any more because we built better technology.

Hopefully that's what #bitcoin will be for electronic payments someday.

For some things, it's already better. If you can get paid in BTC, it's better to send money back home with bitcoin. In some cases, it might even make more sense to buy coins, send them and have the recipients sell them for local currency.

The biggest two problems that I see are small payments and needing to convert back and forth between fiat. The former is mostly a technical challenge that lightning network should fix by becoming more user friendly.

The latter is entirely a social problem in getting people to accept it. If we're being honest, this is more of an uphill battle. The trolls who post memes and tell people to have fun staying poor are not helping. Huge centralized mining operations, espencially ones that get their energy from things like coal are a headwind. Some progress has been made to distinguish bitcoin from all the shitcoins, but things like FTX are troublesome. It doesn't matter that financial collapse of centralized exchanges are the exact thing bitcoin was invented to make irrelevant.

So thank you to all you who are out there showing the practical, real world benefits of bitcoin to everyday people.

Double thanks to those who accept BTC for payment and use BTC to buy things. That's exactly what is going to solve the problem of not having to go through the exchanges.

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