I suspect that for majority of the earth population the trust level is rather low, even though in some countries it could be different.
And my trust in the current administration is rather low.
I place exactly zero trust in what our administration says, because they've lied about the country's economic situation and what they're planning to do about it four times during my lifetime, and several more times during our parents' lifetimes. Our savings were cut in half (or more) several times because of this, and so much of it was lost, the total amount of time wasted working for effectively free is in the decades now.
There's really no reliable way of saving money long-term here, unless you scrounge enough to buy real estate or something else that is unlikely to be devalued to 30% of its original value with a stroke of a pen.
I can imagine why some people would resort to cryptocurrency and extracting money out of the country asap.
Perhaps if financial regulations were not so onerous, traditional payment processors like PayPal would be able to handle more types of transactions with a lower overhead. As it is, the large number of prohibited categories creates a demand for cryptocurrency. As you noted, inflationary monetary policy is another source of discontent. Perhaps if central bankers had exercised a bit more restraint, there would be less demand for cryptocurrency. The same can be said for capital controls and more...
So there is a bit of irony when posters appeal for even heavier regulations and prohibitions. These are the forces which have created demand for wholly unregulated markets. It shouldn't be hard to see how these overreaches have created a counterbalancing force. Tragically, these overreaches generate a safe-haven for additional bad actors.
And if you compare chances of that with chances of being deported to El Salvador prison... Well let's say frozen bank accounts doesn't sound that impossible.
To complicate things further, international transfers require cooperation not only between the sending and receiving states but also from states that control the transfer system. Any hiccup along the way and you may lose your money, sometimes forever (true story).
> And my trust in the current administration is rather low.
Again, I'm not sure you realize what the "low trust into the government" means for the rest of the world.