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If you are living in the US, not homeless, getting paid US dollars via direct deposit, paying for your lattes with a Mastercard, then there's not much need for
by mindcandy 6y ago
If you are living in the US, not homeless, getting paid US dollars via direct deposit, paying for your lattes with a Mastercard, then there's not much need for Bitcoin for you beyond 1) a speculative bet on it taking off globally. 2) a speculative hedge against the US dollar greatly losing value in the next decade.
But, if you are living in the confines of an backwards/broken/oppressive financial system, runnaway inflation, oppressive restrictions/sanctions, outright kleptocracy then Bitcoin is your sanctuary. It's complicated, risky, slow and tremendously better than what billions of people are dealing with from their local governments/banking systems.
- latchkey 6y ago^this. Right now, Bitcoin is ~$1000 more expensive in Vietnam. Demand is higher. https://bitcoinvn.io/ https://bitcoinvn.io/ 376,246,110 / 23150 = $16,252