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You might want to check LocalBitcoin's usage in Venezuela [1] to get a clearer picture. It's not pure propaganda. [1] https://coin.dance/volume/localbitcoins/V

• davidgerard 5y ago
  yes, it's gone up from negligible to negligible. The use case in Venezuela is wealthy Venezuelans getting their wealth out of the country. When bitcoiners say "refugees" as a use case, they mean rich people looting and running.
  • kemonocode 5y ago
    I'd hardly consider myself "wealthy" (certainly NOT by Western standards) but sure, whatever fits best your own views. ;) I'd say if you have enough money to be a capital flight risk, there are far less cumbersome means to get your money out of the country than crypto.
• knorker 5y ago
  It may be true. But the last stories saying the same thing were pure lies. My bayesean values are calibrated accordingly and I won't just take it at face value.