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Worse in every way to checking accounts and credit cards. Quite a few Venezuelans would beg to differ about that.

• oblio 8y ago
  So for cryptocurrencies to be the "better solution" you just need your entire country to have a total meltdown lasting multiple years?
  • ahje 8y ago
    > you just need your entire country to have a total meltdown That happens more often than one might think. There are quite a few countries, that are currenly on the brink of collapse, so it is not unlikely that one or more of them will adopt a cryptocurrency some time in the not to far-off future.
    • oblio 8y ago
      I agree, but it's a super narrow niche for most people. Definitely one much smaller than the current hype for blockchains.
      • lojack 8y ago
        While I don't necessarily disagree with you on that, and I do think a lot of the hype comes from speculation, its worth noting that many ubiquitous technologies we take for granted started as a narrow niche.