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In countries with such massive inflation, distrust and unstable currency, doesn't cryptocurrency actually offer a big advantage/escape over the status quo? I a
by usernam 10y ago
In countries with such massive inflation, distrust and unstable currency, doesn't cryptocurrency actually offer a big advantage/escape over the status quo?
I assume this doesn't happen because network access isn't pervasive enough across the lower class.
Any insight in why this is not happening?
- JumpCrisscross 10y agoYou can use cash when the electricity cuts out or the Internet goes down.
- phreack 10y agoTechnology as a whole isn't pervasive enough across the majority of the population, and they've been burnt so hard by their own currencies that people mistrust any that's not a global standard according to their governmentally controlled world view, like the US dollar is, so crypto has a very, very low chance of catching on.
- sleighboy 10y agoAccording to this it is in use: http://reason.com/archives/2016/11/28/the-secret-dangerous-world-of http://reason.com/archives/2016/11/28/the-secret-dangerous-w...