4 ms·
> Just go ask some of my family members who lived overseas under regimes of hyperinflation just how valuable the idea that you could have a currency that no one
by liotier 5y ago
> Just go ask some of my family members who lived overseas under regimes of hyperinflation just how valuable the idea that you could have a currency that no one controls is.
They buy USD or EUR on the grey market. Buying BTC doesn't satisfy this use-case any better - except for remote transactions, for which only hawala is more efficient.
- RestlessMind 5y agoBTC allows their families overseas to easily transfer funds which is not that easy with USD or EUR. > for which only hawala is more efficient Hawala + bitcoin is as much or more efficient than Hawala + USD.