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that's a valid vue from the top of the dollar pyramid, but if your much lower and your local "dollar" doesn't have kind of sway in the world, than this starts m
by johnmarcus 7y ago
that's a valid vue from the top of the dollar pyramid, but if your much lower and your local "dollar" doesn't have kind of sway in the world, than this starts making more sense. Look at Venezuela - if the citizens opted in to buy a stable coin (which they can easily do, unlike purchasing physical US dollars, which they can not easily do) than a currency like Libra makes a lot more sense.
everyone seems to think crypto is for the first world, it's not, it's for the third worlds. will it empower the citizens like they claim? i don't know, but they definitely have a more valid use case.