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>Bitcoin adoption in venezuela is Absolutely fake/nonexistant This is completely and absolutely false. I personally know hundreds of (mostly very poor) Venezu

>Bitcoin adoption in venezuela is Absolutely fake/nonexistant This is completely and absolutely false. I personally know hundreds of (mostly very poor) Venezuelans who absolutely depend on bitcoin and other crypto currencies to survive. The people I'm personally familiar with eke out a few dollars creating content on platforms like Hive and Steemit, trade their alt crypto for bitcoin, pool it crypto together, and have it sent to Venezuela in small bundles where they collect it and use it to supplement their very meager incomes. https://hive.blog/ https://hive.blog/ https://steemit.com/ https://steemit.com/

wpietri 6y ago
You personally know hundreds of people there? That seems like quite a lot. How did you meet them? Also, I'm not sure I'd call that significant Bitcoin adoption if their only use for it is as an intermediary to exit a different cryptocurrency.
- StanislavPetrov 6y ago
  >You personally know hundreds of people there? That seems like quite a lot. How did you meet them? As an active member for years I've chatted and interacted with them for years and gotten to know many of them quite well. >Also, I'm not sure I'd call that significant Bitcoin adoption if their only use for it is as an intermediary to exit a different cryptocurrency. Why is that so? As far as I'm concerned (as an early adopter of bitcoin and other crypto), Bitcoin's primary use has always been to fill the void when government-sanctioned currencies and financial systems fail. Without Bitcoin these poor people would be unable to cash out the fruits of their creative endeavors - its absolutely critical. Different people use Bitcoin for difference purposes, but none of these purposes is inherently less legitimate than another.