Crypto functions much like cash, avoiding or minimizing the role of financial intermediaries that can snoop and derail monetary transactions.
Local governments can decide to allow tax payments to be made in crypto, facilitating the collection of tax revenues. Miami has made this move.
Transacting funds in crypto simply means sending them electronically from one crypto wallet to another, and the computational effort to do that tends to be virtually nil.
Crypto is becoming a conduit for big ideas. The various coins convey collective attitudes, dispositions, or visions of a world where money is unleashed from conventional roles.
Many people around the world have very limited, if any, access to conventional financial services and institutions.