Jul 23, 2022 - Economy

2. What crypto got right

Illustration of a glowing three dimensional diamond shape, a shopping basket becoming pixels, digital infrastructure, and assorted shapes on a grid.

Illustration: Victoria Ellis/Axios

In 2021, more people bought cryptocurrency for the first time than in any prior year, and research from the crypto exchange Gemini found that crypto really does seem to be catching on in the developing world.

The big picture: The use cases for crypto including trade, internet property, transparent finance, and even dodging the law are broad and growing.

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