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For a counter-point from another self-purported Venezuelan: https://np.reddit.com/r/CryptoCurrency/comments/60x8wv/freedom_of_the_masses/ https://np.reddit.com

• jcranmer 9y ago
  That's not so much a tale of "how Bitcoin is useful for normal people in Venezuela" as "here's why I, a cryptolibertarian, think Bitcoin is going to beat down fiat currency" where the cryptolibertarian happens to live in Venezuela.
  • CryptoPunk 9y ago
    It's not just a political statement. He/she provides a practical effect of cryptocurrency on their life: >>I´d rather buy bitcoins from localbitcoins in less than 5 minutes than risk my safety buying USD from some really speculating, shady people. I invest most of my crypto savings long term in alt coins For someone whose private wealth is always at risk of seizure, and is in a impoverished country where the majority are at the brink of extreme deprivation, it seems pretty reasonable that cryptocurrency would help.
• firekvz 9y ago
  Minimum wage is ~915,000 VEF thats less than 3$ University teacher (my mom) does ~4,000,000 VEF thats 10$ Wages and salaries in venezuela suck as you can see, there is no way that a salary is over 50$ a month for regular Venezuelans. I dont see this guy buying 3$ worth of bitcoin monthly, this is probally a made up story or the guy is into those shaddy business that I named in the root post. Once again, regular venezuelans can't afford to buy bitcoins, its even more expensive than USD.