Bitcoin or its relatives is an excellent way to drive down the cost of sending remittances.  The US poor do not depend on them, but in many areas they are a substantial part of the local economy.  Initial retail liquidity isn&#x27;t as much of a problem as you&#x27;d think if you have the equivalent of wholesalers making a market.<p>But yes, in general the existence of new cash-like asset classes isn&#x27;t that helpful to people with ~no cash assets.