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Here's a great podcast episode with folks from the Open Money Initiative talking about the reality in Venezuela: https://www.whatbitcoindid.com/podcast/a-bitcoi
by Legogris 7y ago
Here's a great podcast episode with folks from the Open Money Initiative talking about the reality in Venezuela: https://www.whatbitcoindid.com/podcast/a-bitcoin-reality-check-in-venezuela-with-jill-carlson-alejandro-machado-jamaal-montasser https://www.whatbitcoindid.com/podcast/a-bitcoin-reality-che...
IIRC from listening, there are indeed some people who mine and those who use it as a store of value. And some people use it for remittance or as a portable non-hyperinflational asset. But in general, people are not really aware and dismiss it as a scam (it's understandable; even their own president tried to crypto scam them with the Petro).