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Iraq, Afghanistan, Pakistan, Syria, Libya, Iran, Kosovo, Venezuela, El Salvador: these are all places where war and strife and economic turmoil and the Wests' s
by fit2rule 6y ago
Iraq, Afghanistan, Pakistan, Syria, Libya, Iran, Kosovo, Venezuela, El Salvador: these are all places where war and strife and economic turmoil and the Wests' sanctions have led a significant number of their citizens to use Bitcoin - and other cryptocurrencies - to manage their lives and feed themselves, and their families.
It beggars belief that someone would so callously call the situation in these countries 'hypothetical'. Please, inform yourself about the war and strife that is occurring outside your own bubble. Its very important that we in the West stop ignoring the plight of the people our military industrial complex is targeting with their weapons.
Bitcoin has held things together in many such places.
Also: Russia.
- adwn 6y ago> Please, inform yourself about the war and strife that is occurring outside your own bubble. User adamsea is informing himself, that's why he's asking a question here.
- IcePic 6y agoYeah, I didn't see the questioning as "is there really war someplace right now?" but rather "is there really a place where you (or your grandparents) can get bread and milk for bitcoins when normal money collapsed?"
- int_19h 6y agoWe were specifically talking about BTC as a way to transfer money, as opposed to being used as money itself. I can't think of any place where you'd buy bread with BTC, but there are a few where you might be receiving BTC transfers, cashing them out locally, and using that money. A hawala based on blockchain rather than pure trust, so to speak.
- fit2rule 6y agoYou can buy anything, from anyone, with bitcoin. All it takes is two bitcoin users. Just because people are starving behind economic blockades and sanctions and mafia hell, doesn't mean they don't RTFM. (Oh, and you can use BTC on the street, all over the world.)
- adamsea 6y ago> You can buy anything, from anyone, with bitcoin. All it takes is two bitcoin users. Shouldn't we amend that statement to be "You can use bitcoin to buy anything which is being sold by some other bitcoin user?" ;) Which sure, is potentially anything/anyone, but will obviously vary on circumstances.
- int_19h 6y ago> You can buy anything, from anyone, with bitcoin. All it takes is two bitcoin users. Bitcoin users are a tiny, tiny percentage of "anyone".