>The big (legitimate) use for Bitcoin international money transfers is dodging capital controls imposed by illegitimate governments, e.g., you're in Venezuela a

>The big (legitimate) use for Bitcoin international money transfers is dodging capital controls imposed by illegitimate governments, e.g., you're in Venezuela and you want to send money to your family in Colombia/Brazil/US. Exactly. I wish this was possible in China - but as a foreigner, you can't use RMB to buy Bitcoin (or other coins) on any of the big exchanges. The only option is to use localbitcoins.com and pay person to person, but the conversion rates are usually not too good, so you end up having to use wire transfers.