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Crypto is life saving in countries with unstable currencies/bad governments
by frbaug 4y ago
Crypto is life saving in countries with unstable currencies/bad governments
- olivermuty 4y agoYes, the Venezuelan venture into Bitcoin has been a massive success eh? (Haha)
- SilasX 4y agoYou're thinking of El Salvador, and a different use case (legal tender with government incentives), which has indeed been ridiculed as a failure. The parent was referring to ordinary people using cryptocurrency without official backing, such as in Venezuela, which has indeed been a success for its intended purpose. If you're going to come in with a smug attitude, it's more important than usual to get your facts right. And not get Latin American countries mixed up.
- olivermuty 4y agoI concur, smugness levels severely lowered from my side here :( I do still think touting a payment system with the transaction cowt of BTC for poor people is a tad rididcolous, but it’s hard to make that point after my crash and burn mixup.