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I tried using crypto in Argentina, Uruguay, Brasil and Chile last year. I wouldn't recommend it, except as a learning experience for how useless crypto is for
by robocat 1y ago
I tried using crypto in Argentina, Uruguay, Brasil and Chile last year.
I wouldn't recommend it, except as a learning experience for how useless crypto is for personal travel usage.
Carrying hundreds of USD currency worked better and felt safer.
- broken-kebab 1y agoHaving no details about your misadventure I cannot be a judge for the case, I just can say for my need (sending money to family members) it always worked well. Though you definitely need a practical experience (even if you're techie) to get it right. Not sure it would work well for a travel cause you have to measure reputations, and assess concomitant risks which is hard to do when you aren't a part of community, don't speak language, and can't read omens so to say. However, as a counterexample, my colleague who visited Argentina some years ago got scammed at usual exchange, and robbed 10 minutes later (which she believes to be connected events) so maybe having cash is not necessary better in some places where foreigner is a game to hunt.
- robocat 1y agoNo misadventures. Did some successful exchanges from crypto to obtain cash in Argentina (useful to get discounted Blue Rate). Certainly would be useful to get money safely to rellies in AR. Conversational Spanish, so that wasn't a problem. Definitely didn't feel that safe, although fortunately I was not robbed. I only had a few thousand worth of crypto. I have absolutely no crypto now.