isn't it obvious that this corporations are just trying to earn as much profit as possible from the start? Because if they don't do it, how can they keep the business running. But we've got to admit that because of them, more and more people are starting to know Bitcoin or cryptocurrency.
For example, a third party wallet in the Philippines. You can buy things, pay bills and even load up your steam wallet using Bitcoin. It's super convenient that it's almost attractive. I've seen a lot of people who doesn't know cryptocurrency are using it because of the benefits. The downside is that you need KYC.
These third party wallets are of course created for their profit, no doubt about that just like other businesses out there. But with them, they are reaching out those noncrypto users to avail their services as like what you gave as example, so in return, they somehow increase crypto adoption. Just like me, I am using a local third party wallet also, for convenient purposes because at some point, you need to convert your crypto to your local fiat. Even if their rates are relatively lower than the global market, you have no choice but to use their services, because that's one way of getting your fiat. And some of them are already offering payment of bills, purchasing game credits or topping up your phone. So it is truly convenient for the user to use third party wallet one way or another. Adding to the fact that overseas workers are finding this now to be one of the cheapest options to send their remittances from abroad. So I am not against with their services, as they are driving adoption to those individuals that are not even well-versed in crypto.
