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In cases like Venezuala, what's the long-term goal of holding crpyto though? That the country somehow collapses and is rebuilt with a normally inflationary curr
by s-lambert 5y ago
In cases like Venezuala, what's the long-term goal of holding crpyto though? That the country somehow collapses and is rebuilt with a normally inflationary currency with a less restrictive government? Or is the idea that you build up savings to eventually leave the country?
It doesn't really seem like a long-term solution or one that'd help more than a small amount of people.
- HeadsUpHigh 5y agoThe idea is to not have your money lose half its value on a daily basis. Or to have relatives send you money from abroad. There doesn't need to be an endgame, it just fulfils a need of these people.