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Over the last several years I've come to the realization that most "cryptocurrency is garbage" posts boil down to the author underestimating or ignoring the fin
by bitxbitxbitcoin 6y ago
Over the last several years I've come to the realization that most "cryptocurrency is garbage" posts boil down to the author underestimating or ignoring the financial realities of those living in other countries or circumstances.
There are those that live in countries with hyperinflation or US sanctions that don't think that cryptocurrency is garbage.
- criddell 6y agoThat's an interesting point of view. How are cryptocurrencies being used by citizens in those countries?
- bitxbitxbitcoin 6y agoSorry for the delayed reply! As a hedge against a hyperinflationary currency or as a medium of exchange.[1] [1] https://news.bitcoin.com/report-use-of-cryptocurrencies-for-remittance-is-growing-in-popularity/ https://news.bitcoin.com/report-use-of-cryptocurrencies-for-...