The typical central bank scam in developing countries is to make them ostensibly independent, but in reality they print new money and hand it to politically favored industries and entities. It allows the ruling class to loot their citizens very efficiently. Furthermore their stranglehold on remittances, where dollars are sent back by emigres and then converted into the local fiat scam coin, then enables them to centrally control what gets imported as they have the bulk of dollars.

Bitcoin and other cryptos fix this scam and enable people to not lose 5 to 90% of their money per year to inflation. It’s really not hard to understand and why hacker news can’t wrap their heads around why crypto has utility is a lack of awareness of how the average government operates.