5 ms·
People commonly use Dollars and Euros in those countries to store their cash. I have seen this first hand, especially in South America and there are advertiseme
by quonn 4y ago
People commonly use Dollars and Euros in those countries to store their cash. I have seen this first hand, especially in South America and there are advertisements for that everywhere. Where that is illegal, crypto is/can be also illegal.
- irusensei 4y agoPaper bills are scarce and pack a premium in these places. Meanwhile someone could learn marketable skills over the internet and receive digital currency. You can argue stables are better but those aren't trustworthy.
- wruza 4y agoMy country currently charges me 1%/mo for every USD/EUR account, there is no cash in ATMs for months and no way to take more than a vacation penny with you when you leave. Where that is illegal, crypto is/can be also illegal There’s a big difference between illegal and physically seizable.