That's a very good point, the world is getting smaller, but is still very big.

The circumstances for me in Canada are very different from South Africa for example. Inflation is extremely low and I have zero concerns of placing my cash into an insured bank.

The utility of BTC is still concerning for me. even bonds are bought and sold to institutional and retail investors. BTC seems to be mostly shuffled around between investors on exchanges, never gaining circulation as a currency.