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Wow, I'm surprised that cryptocurrency actually helped him. I can see he cannot make a bank account since he is an illegal alien, but he could still hold and t
by throwaway-jim 5y ago
Wow, I'm surprised that cryptocurrency actually helped him. I can see he cannot make a bank account since he is an illegal alien, but he could still hold and transfer value with the power of the blockchain. Smart move, since he pretty much got robbed of any valuable he had with him. One of the few positive crypto-related news I have heard lately!
- tim333 5y agoHe wrote an earlier article (2019) in the NYT on crypto helping there https://www.nytimes.com/2019/02/23/opinion/sunday/venezuela-bitcoin-inflation-cryptocurrencies.html https://www.nytimes.com/2019/02/23/opinion/sunday/venezuela-...
- koheripbal 5y agoCryptocurrencies are an innovation. With all the problems and areas that need improvement, there is undoubtedly some key technology progress here that we're never going back from. Personally, I think what we're seeing is akin to the first internal combustion engine. It was dirty, low power, fuel hungry, extremely noisy, inefficient, and vibrated so hard no one ever thought you'd be able to attach anything to it. ...and it also made zero people money. ...but eventually it revolutionized transportation.