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And if I were to go through the effort of providing proof of my Venezuelan best friend and his accounts of life in Venezuela, since my hacker news profile is th

And if I were to go through the effort of providing proof of my Venezuelan best friend and his accounts of life in Venezuela, since my hacker news profile is the same name as my real identity profiles, I'm sure you'd capitulate and appologize for assuming anyone who disagrees with you is arguing in bad faith? For posterity, I have a github profile of this same name, and my venezuelan friend and I are doing a hackathon project to allow Venezuelans to use crypto in the exact way I've described. In one month that project and a youtube video will be uploaded for it. The person above who assumes that people argue in bad faith and that first hand reports are meaningless is not someone you should emulate or consider reliable. He's lost to his ego and dogma, please safely ignore him. Privileged people have no idea what struggles others face and don't have much to lose by being wrong about their bad assumptions anyway. Let the way he thinks serve as a cautionary tale. I doubt the person above (lottin) would be willing to share his identity, and have the foul temper and bad faith arguments of his associated with his real persona. This should tell you all you need to know if true. Anyway, I won't be responding to the above poster anymore, you know what Twain said about arguing with fools.

lottin 5y ago
Assuming that your story about your Venezuelan friend is made-up is just normal. Even if you did have a Venezuelan friend, how is that a source of authority on anything? It's just anecdotal evidence and irrelevant to the discussion. Like someone here, the other day, who claimed to be a business owner who made international payments with bitcoin on a regular basis... absolutely unbelievable. If you're really arguing in good faith you should start by disclosing your conflicts of interest. You didn't mention you were involved in a bitcoin project. You probably own bitcoin as well. For the record, I don't have conflicts of interest. I don't have any financial stake in bitcoin or in other crypto-currencies. To summarise, and going back to the topic of the conversation... your entire claim is that a number of Venezuelans (don't know how many) invest their savings in bitcoin and this improves their quality of life because they're able to combat the effects of hyperinflation in this way. Okay, so what? Does that contradict my original point? No, it doesn't. My point is that, considering the situation as a whole, having the opportunity to avoid the effects of hyperinflation by using a foreign currency, for example, is only a marginal improvement for these people. Even assuming that bitcoin can fulfil the role of an actual solid currency, which in my opinion it can't.

lottin 5y ago

Assuming that your story about your Venezuelan friend is made-up is just normal. Even if you did have a Venezuelan friend, how is that a source of authority on anything? It's just anecdotal evidence and irrelevant to the discussion. Like someone here, the other day, who claimed to be a business owner who made international payments with bitcoin on a regular basis... absolutely unbelievable. If you're really arguing in good faith you should start by disclosing your conflicts of interest. You didn't mention you were involved in a bitcoin project. You probably own bitcoin as well. For the record, I don't have conflicts of interest. I don't have any financial stake in bitcoin or in other crypto-currencies. To summarise, and going back to the topic of the conversation... your entire claim is that a number of Venezuelans (don't know how many) invest their savings in bitcoin and this improves their quality of life because they're able to combat the effects of hyperinflation in this way. Okay, so what? Does that contradict my original point? No, it doesn't. My point is that, considering the situation as a whole, having the opportunity to avoid the effects of hyperinflation by using a foreign currency, for example, is only a marginal improvement for these people. Even assuming that bitcoin can fulfil the role of an actual solid currency, which in my opinion it can't.