I moved to another country and I use it to send money back to my family in my home country.<p>It's by far the cheapest and fastest option. It takes less than 30min to transfer between my bank accounts.<p>It works something like this
Deposit->send from and to an exchange - > convert to local currency - > withdraw into bank account<p>The total cost ends up being about 1.5% including the exchange rate.
With my normal bank it takes up to a week and the total cost ends up being about 4~6%
Even if I was converting currency at an airport the exchange rate tends to be worse than 1.5%
Just my impression but the single biggest use of crypto has to be speculation --- hoping that a bigger fool will pay more than you did.<p>In every crypto use case I have examined, the overall total cost of crypto transactions fees actually exceeds that of fiat. If this doesn't appear to be true, it is usually because the final fees required for the recipient to convert a crypto payment into practical real world currency are being ignored.