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"In all instances I'm aware of..." It helps to research this stuff in depth a bit. USD is definitely still very much desired in many many parts of the world, b
by washedup 4y ago
"In all instances I'm aware of..."
It helps to research this stuff in depth a bit. USD is definitely still very much desired in many many parts of the world, but there are many instances where people still need to send "value" across borders. Bitcoin is, in a lot of places, the only way to do this. That's just one of many use-cases for people where there are massive asset and currency restrictions.
- comte7092 4y agoI’m speaking from directly reported experiences of people I know who live in such countries. They’ve dabbled in crypto, gotten scammed, successfully used it for a bit, but now moved away from it entirely. At the end of the day, the only reason why you’d _need_ to use Bitcoin for this is to evade the law, which, if you’re living under an unstable government with a collapsing currency, may not be the best course of action.