alt Hacker NewsNigeria, Argentina, Venezuela, all prime examples because they faced especially severe problems with hyperinflation and traditional banking. You can also find widespread use in developing economies like Brazil, Indonesia, Philippines, but of course to a lesser degree since the problems with traditional finance are not as severe there. I will gladly provide more in-depth information, if someone provides some evidence to support that crypto users are the dumbest people on Earth. If not, feel free to use your own time instead of mine for your education.
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You've mentioned some places in the world that have economic problems. You've provided zero evidence to support the idea that "crypto payments are now prevalent" in any of those places.
As a counterexample, El Salvador adopted bitcoin as an official currency, provided state-subsidized infrastructure for citizens to adopt it, and still achieved only minimal usage:
> The October 2022 “Encuesta Dinámica Empresarial” from FUSADES registered that 97¾ percent of business have not made even one sale in Bitcoin. NBER and Chamber of Commerce and Industry surveys show similar results.
https://www.elibrary.imf.org/view/journals/002/2025/068/arti...
Crypto is not prevalent in the Philippines or Indonesia. Except maybe in the scam centres in the Philippines run by Chinese gangsters that are operating pig butchering and other scams, and threatening to undermine the Philippine government. See The Economist, which estimates that these crypto scammers rake in some $500bn a year.
https://www.economist.com/audio/podcasts/scam-inc
https://www.economistgroup.com/press-centre/the-economist/fr...